CL Crude Oil Futures Daily Chart Analysis: 2025-Oct-16 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 exhibiting a clear bearish structure across all timeframes. Price is trading below all major moving averages, with each benchmark MA trending down, confirming persistent downside momentum. The most recent swing pivots show a dominant downtrend, with the latest pivot low at 58.12 and resistance levels stacked well above current price, indicating significant overhead supply. The price is also below the NTZ/F0% levels on the weekly, monthly, and yearly session fib grids, reinforcing the prevailing downward bias. Recent trade signals have been predominantly short, with a minor long signal on the most recent bar, suggesting a possible attempt at a short-term bounce or retracement, but the broader context remains negative. Volatility (ATR) is moderate, and volume is steady but not elevated, indicating no panic selling but a controlled, persistent decline. Overall, the market is in a sustained downtrend, with lower highs and lower lows, and no technical evidence yet of a reversal or strong support holding.


Chart Analysis ATS AI Generated: 2025-10-16 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.