CL Crude Oil Futures Daily Chart Analysis: 2025-Nov-02 18:05 CT

Price Action

• Last: 61.40,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 14%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -11%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -6%
• 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 62.73,
• 4. Pvt. Next: Pvt low 59.21,
• 5. Levels R: 65.97, 68.78, 73.21,
• 6. Levels S: 59.11, 56.96, 55.33.

Daily Benchmarks

• (Short-Term) 5 Day: 59.04 Up Trend,
• (Short-Term) 10 Day: 59.64 Up Trend,
• (Intermediate-Term) 20 Day: 59.94 Up Trend,
• (Intermediate-Term) 55 Day: 62.07 Down Trend,
• (Long-Term) 100 Day: 62.74 Down Trend,
• (Long-Term) 200 Day: 62.07 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 29 Oct 2025: Short CL 12-25 @ 60.65 Signals.USAR-MSFG
• 28 Oct 2025: Short CL 12-25 @ 60.37 Signals.USAR.TR120
• 28 Oct 2025: Short CL 12-25 @ 61.17 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil futures are currently experiencing a short-term bullish bounce, as indicated by the uptrend in the 5, 10, and 20-day moving averages and the recent pivot high. Price is trading above the weekly session fib grid (WSFG) NTZ, confirming short-term upward momentum. However, the intermediate and long-term outlooks remain bearish, with price below both the monthly and yearly session fib grids and the 55, 100, and 200-day moving averages all trending down. The swing pivot structure shows a recent pivot high, but the next key level to watch is a potential pivot low at 59.21, with resistance overhead at 65.97 and support at 59.11 and 56.96. Volatility is moderate, and volume is steady. Recent trade signals have favored the short side, reflecting the dominant intermediate and long-term downtrends. The market is in a corrective phase within a broader bearish structure, with the current rally testing resistance but not yet reversing the larger trend.