CL Crude Oil Futures Daily Chart Analysis: 2025-Oct-29 07:03 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 the key F0%/NTZ levels on the weekly, monthly, and yearly session fib grids, confirming persistent downside pressure. The swing pivot trend is down both short and intermediate term, with the most recent pivot high at 62.43 and the next potential pivot low at 59.15, suggesting the market is in a corrective phase after a recent bounce. All benchmark moving averages from short to long term are trending down, reinforcing the dominant downtrend. Recent trade signals have shifted back to short entries after a brief long attempt, aligning with the prevailing trend. Volatility remains moderate (ATR 211), and volume is steady, indicating active participation but not extreme conditions. The market has failed to reclaim resistance levels and continues to make lower highs and lower lows, with support levels at 59.96 and 58.66 in focus. Overall, the technical landscape points to continued weakness, with no immediate signs of reversal or sustained recovery.


Chart Analysis ATS AI Generated: 2025-10-29 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.