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

The current daily chart for CL Crude Oil Futures shows a market in transition. Price action is consolidating with 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 confirm a short-term downtrend (DTrend) but an intermediate-term uptrend (UTrend), suggesting a possible countertrend bounce or a developing base. Resistance is layered above at 63.50, 66.42, and higher, while support is clustered near recent lows at 61.04 and 60.88. All benchmark moving averages from short to long-term are trending down, reinforcing the broader bearish structure. Recent trade signals show mixed activity, with both long and short entries in the past week, reflecting the choppy and indecisive nature of the current market. Volatility (ATR) and volume (VOLMA) are moderate, not signaling any imminent breakout. Overall, the market is in a corrective or consolidative phase, with short-term neutrality but a prevailing bearish bias on higher timeframes. Swing traders should note the potential for further range-bound action or a retest of support before any sustained directional move develops.


Chart Analysis ATS AI Generated: 2025-10-07 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.