CL Crude Oil Futures Daily Chart Analysis: 2025-Aug-04 07:04 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 pullback, with price action below both the weekly and monthly session fib grid NTZ centers, and a clear downtrend in the short-term swing pivot and moving averages. The recent momentum is slow, and the last two trade signals have been to the short side, confirming the prevailing bearish sentiment for swing traders in the near term. However, the intermediate and long-term moving averages remain in uptrends, and the yearly session fib grid trend is still up, suggesting that the broader trend remains constructive. Key support levels are clustered in the mid-60s and low 60s, while resistance is overhead at 70.51 and above. Volatility remains moderate, and volume is steady. The market appears to be in a corrective phase within a larger uptrend, with the potential for further downside tests before any significant recovery or trend continuation. Swing traders will be watching for signs of stabilization at support or a reversal in short-term momentum to signal a shift in bias.


Chart Analysis ATS AI Generated: 2025-08-04 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.