CL Crude Oil Futures Daily Chart Analysis: 2025-Aug-03 18:03 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are currently experiencing a short-term and intermediate-term downtrend, as indicated by both the WSFG and MSFG trends, with price action below the key NTZ/F0% levels for the week and month. The most recent swing pivot trend is down, with the next significant resistance at 70.51 and support at 62.75. Short-term and intermediate-term moving averages are trending down, reinforcing the bearish momentum, while long-term moving averages remain in an uptrend, suggesting the broader bullish structure is still intact. Recent trade signals have shifted to the short side, reflecting the prevailing downward momentum. Volatility remains moderate, and volume is steady. Overall, the market is in a corrective phase within a larger uptrend, with the potential for further downside in the near term before any significant reversal or continuation of the long-term bullish trend.


Chart Analysis ATS AI Generated: 2025-08-03 18:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.