CL Crude Oil Futures Daily Chart Analysis: 2025-Aug-24 18:02 CT

Price Action

• Last: 63.76,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -46%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 61.03,
• 4. Pvt. Next: Pvt high 69.61,
• 5. Levels R: 74.03, 69.60, 69.14, 66.41, 64.82,
• 6. Levels S: 61.03, 56.15, 51.25.

Daily Benchmarks

• (Short-Term) 5 Day: 62.87 Down Trend,
• (Short-Term) 10 Day: 62.64 Down Trend,
• (Intermediate-Term) 20 Day: 64.17 Down Trend,
• (Intermediate-Term) 55 Day: 63.56 Down Trend,
• (Long-Term) 100 Day: 61.62 Down Trend,
• (Long-Term) 200 Day: 63.23 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 20 Aug 2025: Long CL 10-25 @ 62.9 Signals.USAR.TR120
• 20 Aug 2025: Long CL 10-25 @ 62.88 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Crude oil futures are exhibiting a clear bearish structure across all timeframes. Price action is subdued, with small bars and slow momentum, indicating a lack of strong directional conviction. The market is trading below all key session fib grid levels (weekly, monthly, yearly), reinforcing a persistent downtrend bias. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 61.03 acting as the nearest support, and multiple resistance levels overhead, notably at 64.82, 66.41, and 69.60. All benchmark moving averages are trending down, confirming the prevailing weakness. Volatility, as measured by ATR, remains moderate, while volume is steady but not elevated. Recent trade signals have triggered long entries, suggesting attempts at a counter-trend bounce, but the broader technical context remains bearish. The market is in a corrective or consolidation phase within a dominant downtrend, with no clear signs of reversal yet.