Crude oil prices edged slightly lower during recent intraday trading, as the market took profits following previous gains. The price is attempting to build positive momentum that could support the continuation of its strong gains in the near term. It is also trying to ease some of the clear overbought conditions shown on the relative strength indicators, especially as a negative crossover started to appear. At the same time, dynamic support remains intact, with prices continuing to trade above EMA50, while the main short-term trend remains bullish.