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Brent’s Bearish Breakdown
Diving into the intricate waters of oil trading, it's paramount to highlight the notable moves observed in the market recently, particularly the pronounced downward shift. Oil's trajectory in September began with remarkable promise— the initial 19 trading days of the month boasted impressive numbers and painted a bullish picture for spectators. Yet, as the calendar inched towards the 28th of September, a correction loomed and swiftly gained momentum, unraveling and eventually peaking in its intensity yesterday with the creation of a notably expansive bearish candle.