CL Crude Oil Futures Daily Chart Analysis: 2025-Nov-03 07:04 CT

Price Action

• Last: 60.90,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -18%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -8%
• 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 59.19,
• 5. Levels R: 75.00, 68.78, 65.97, 62.74, 62.73, 60.24, 60.00,
• 6. Levels S: 56.96, 55.33.

Daily Benchmarks

• (Short-Term) 5 Day: 59.65 Up Trend,
• (Short-Term) 10 Day: 59.90 Up Trend,
• (Intermediate-Term) 20 Day: 60.97 Up Trend,
• (Intermediate-Term) 55 Day: 62.07 Down Trend,
• (Long-Term) 100 Day: 62.74 Down Trend,
• (Long-Term) 200 Day: 66.91 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 03 Nov 2025: Long CL 12-25 @ 61.42 Signals.USAR-WSFG
• 03 Nov 2025: Long CL 12-25 @ 61.27 Signals.USAR.TR120
• 29 Oct 2025: Short CL 12-25 @ 60.65 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Crude oil futures are currently in a transition phase. Short-term price action has shifted to an uptrend, supported by recent long signals and upward momentum in the 5 and 10-day moving averages. However, the intermediate and long-term trends remain bearish, as indicated by the monthly and yearly session fib grids, as well as the 55, 100, and 200-day moving averages, all trending down. The price is trading below key monthly and yearly fib grid centers, and resistance levels are stacked above, with the nearest significant resistance at 62.74 and 62.73. Support is found at 56.96 and 55.33. Volatility is moderate, and volume is steady. The market recently bounced from a swing low, but the overall structure suggests this could be a counter-trend rally within a broader downtrend. Swing traders should note the potential for further consolidation or a retest of lower support if the short-term uptrend fails to break through resistance.