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

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are exhibiting strong downside momentum, with large weekly bars and fast-moving price action. The short-term WSFG trend is up, but this is countered by a dominant downtrend in both the intermediate and long-term MSFG and YSFG grids, as well as in the swing pivot structure. The most recent swing pivot is a low at 56.18, with the next potential resistance at 65.13, and major resistance levels stacked above in the 65–83 range. Support is layered below, with key levels at 56.18 and 50.43. All major moving averages (except the 200-week) are trending down, reinforcing the bearish bias across timeframes. Recent trade signals have all been to the short side, confirming the prevailing downward pressure. The market appears to be in a corrective or continuation phase lower, with volatility elevated and no clear signs of reversal yet. The technical landscape suggests a market under sustained selling pressure, with rallies likely to encounter resistance and further downside risk present.


Chart Analysis ATS AI Generated: 2025-11-02 18:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.