CL Crude Oil Futures Daily Chart Analysis: 2025-Oct-06 07:04 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are currently trading at 63.08, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term WSFG trend is up, with price above the weekly NTZ, but the monthly and yearly session fib grids both show price below their respective NTZs and in a downtrend, highlighting intermediate and long-term bearish pressure. Swing pivots indicate a short-term downtrend (DTrend) but an intermediate-term uptrend (UTrend), with the most recent pivot low at 60.40 and next resistance at 66.42. All benchmark moving averages from short to long term are trending down, reinforcing the broader bearish structure. ATR and volume metrics suggest moderate volatility and participation. Recent trade signals show a shift from short to long bias in the very short term, but the overall technical structure remains heavy, with rallies likely to encounter resistance at the 66-69 zone and support clustered around 60-61. The market appears to be in a corrective phase within a larger downtrend, with potential for choppy, range-bound action as it tests key support and resistance levels.


Chart Analysis ATS AI Generated: 2025-10-06 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.