CL Crude Oil Futures Daily Chart Analysis: 2025-Oct-24 07:34 CT

Price Action

• Last: 60.00,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 117%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2025

• Long-Term
• YSFG Current: -4%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 63.23,
• 4. Pvt. Next: Pvt low 59.15,
• 5. Levels R: 68.78, 65.97, 63.24, 60.80,
• 6. Levels S: 56.96, 55.33, 50.43, 47.80.

Daily Benchmarks

• (Short-Term) 5 Day: 58.97 Up Trend,
• (Short-Term) 10 Day: 58.13 Up Trend,
• (Intermediate-Term) 20 Day: 60.00 Down Trend,
• (Intermediate-Term) 55 Day: 61.19 Down Trend,
• (Long-Term) 100 Day: 62.22 Down Trend,
• (Long-Term) 200 Day: 63.00 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 23 Oct 2025: Long CL 12-25 @ 60.23 Signals.USAR.TR720
• 22 Oct 2025: Long CL 12-25 @ 58.2 Signals.USAR-WSFG
• 22 Oct 2025: Long CL 12-25 @ 58.17 Signals.USAR.TR120

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

Crude oil futures have staged a sharp rally off recent lows, with large bullish bars and fast momentum indicating strong short-term buying interest. The price is now above both the weekly and monthly session fib grid centers, confirming a short-term and intermediate-term uptrend bias. However, the yearly fib grid remains negative, and long-term moving averages are still trending down, highlighting a broader bearish structure. Swing pivots show a short-term uptrend but intermediate-term downtrend, with resistance levels overhead at 60.80, 63.24, and 65.97, and key support at 56.96 and 55.33. Recent trade signals have triggered multiple long entries, aligning with the current short-term bullish momentum. Volatility is elevated (ATR high), and volume has spiked, suggesting increased participation and potential for further price swings. The market is in a recovery phase, but faces significant resistance as it approaches major moving averages and prior swing highs, making this a critical area for trend continuation or possible rejection.