CL Crude Oil Futures Weekly Chart Analysis: 2025-Aug-24 18:02 CT
Price Action
- Last: 62.07,
- Bars: Medium,
- 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: UTrend,
- 3. Pvt. Evolve: Pvt low 61.08,
- 4. Pvt. Next: Pvt high 75.41,
- 5. Levels R: 101.04, 94.04, 80.82, 75.94, 74.44, 75.41,
- 6. Levels S: 51.25, 50.41, 50.42, 48.62, 39.24, 33.43.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 63.74 Down Trend,
- (Intermediate-Term) 10 Week: 63.14 Down Trend,
- (Long-Term) 20 Week: 65.77 Down Trend,
- (Long-Term) 55 Week: 63.74 Down Trend,
- (Long-Term) 100 Week: 66.77 Down Trend,
- (Long-Term) 200 Week: 60.77 Down Trend.
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: Neutral,
- Long-Term: Bearish.
Key Insights Summary
Crude oil futures are currently trading below key Fibonacci grid levels across all timeframes, with price action showing slow momentum and medium-sized bars, indicating a lack of strong directional conviction. The short-term trend remains bearish, as confirmed by the WSFG and swing pivot direction, with price below the NTZ and all major moving averages trending down. Intermediate-term signals are mixed: while the HiLo trend is up, the monthly grid and moving averages are still pointing down, suggesting a possible pause or consolidation phase rather than a clear reversal. Long-term structure is also bearish, with price below the yearly NTZ and all long-term moving averages. Resistance is stacked above in the mid-70s to low-100s, while support is clustered in the low 50s and upper 40s. Recent trade signals indicate attempts to catch a bounce, but the overall technical environment remains pressured, with the market potentially in a broad consolidation or basing phase after a significant sell-off. Volatility appears contained, and the market is likely to remain choppy unless a decisive breakout above resistance or breakdown below support occurs.
Chart Analysis ATS AI Generated: 2025-08-24 18:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.