The (crude oil) rose slightly in its last intraday trading, after it leaned on the support line of the main bullish trend line on the short-term basis, gaining some positive momentum and assisted it to achieve slight gains to recover some of yesterdays losses, accompanied by the emergence of the positive signals on the (RSI), which began offloading the clear oversold condition.

Despite this temporary improvement, its difficult to consider it as a beginning for an actual recovery, amid the continuation of the negative pressure that comes from its trading below its EMA50, besides the dominance of the negative momentum on an intraday basis.