CL Crude Oil Futures Daily Chart Analysis: 2025-Oct-23 07:05 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 have experienced a sharp rebound, with large, fast momentum bars pushing price above the weekly session fib grid (WSFG) NTZ, signaling a short-term bullish reversal. The short-term swing pivot trend has shifted to an uptrend, supported by recent long trade signals and rising 5- and 10-day moving averages. However, the intermediate- and long-term outlooks remain bearish, as price is still below the monthly and yearly fib grid NTZs, and all major intermediate and long-term moving averages are trending down. The intermediate-term swing pivot trend is still in a downtrend, and significant resistance levels remain overhead at 62.33, 65.97, 68.78, and 72.23. Support is established at 60.13, 56.96, and 55.33. Volatility is elevated (ATR 211), and volume is robust, indicating strong participation in this move. The market is currently in a countertrend rally within a broader bearish structure, with the potential for further upside in the short term, but with key resistance levels and longer-term downtrends still intact.


Chart Analysis ATS AI Generated: 2025-10-23 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.