CL Crude Oil Futures Weekly Chart Analysis: 2025-Nov-03 07:05 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 currently trading near the lower end of the yearly and monthly session fib grids, with price action showing slow momentum and medium-sized bars, indicating a lack of strong conviction in either direction. The short-term trend is neutral, as reflected by the WSFG and recent long signals, but the intermediate and long-term trends remain bearish, with both the MSFG and YSFG showing price below their respective NTZ zones and all major moving averages (except the 200-week) trending down. Swing pivots confirm a dominant downtrend, with the most recent pivot low at 58.18 and resistance levels stacked well above current price, suggesting significant overhead supply. Support levels are clustered in the mid-to-low $50s, highlighting potential downside risk if current support fails. The market appears to be in a consolidation phase after a prolonged decline, with recent trade signals showing mixed short-term attempts to reverse, but the broader structure remains pressured by persistent selling and lower highs. This environment suggests a market in transition, with volatility likely to persist as traders await a decisive breakout or breakdown from the current range.


Chart Analysis ATS AI Generated: 2025-11-03 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.