CL Crude Oil Futures Weekly Chart Analysis: 2025-Aug-07 07:04 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are exhibiting a clear short-term bearish structure, with price action below all key session fib grid levels and moving averages, and a series of recent short trade signals reinforcing downside momentum. The weekly and monthly session fib grids both show price well below their respective NTZ centers, confirming a persistent downward bias. Swing pivots highlight a developing downtrend in the short term, though the intermediate-term HiLo trend remains up, suggesting some underlying support or potential for a corrective bounce. Resistance is stacked above in the mid-70s to low-80s, while support is concentrated at 62.16 and lower at 51.33 and 49.53. All major moving averages except the 200-week are trending down, indicating broad-based weakness, though the 200-week MA uptrend could act as a longer-term stabilizer. The market is currently in a corrective or consolidation phase after a significant sell-off, with volatility likely to persist as price tests key support levels. The overall technical landscape favors a bearish to neutral stance, with any rallies likely to encounter strong resistance overhead.


Chart Analysis ATS AI Generated: 2025-08-07 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.