CL Crude Oil Futures Daily Chart Analysis: 2025-Aug-10 18:02 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 exhibiting a clear bearish structure across all timeframes. Price action is characterized by medium-sized bars and slow momentum, with the last price at 62.64, sitting below all key moving averages and major swing resistance levels. The short-term WSFG trend is up, but this is overshadowed by the dominant downtrends in both the monthly (MSFG) and yearly (YSFG) session fib grids, as well as the swing pivot trends, which are both in decline. All benchmark moving averages are trending down, reinforcing the prevailing weakness. Recent trade signals have triggered new short positions, aligning with the broader technical picture. Volatility remains moderate (ATR 211), and volume is steady. The market appears to be in a corrective or continuation phase lower, with no immediate signs of reversal, as lower highs and lower lows persist. Key support is at 62.75, with further downside potential toward 57.06 and 52.16 if selling pressure continues. The overall environment suggests a sustained bearish bias, with any rallies likely to encounter strong resistance at the identified pivot and moving average levels.


Chart Analysis ATS AI Generated: 2025-08-10 18:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.