CL Crude Oil Futures Daily Chart Analysis: 2025-Nov-04 07:05 CT

Price Action

WSFG Weekly

MSFG Month Nov

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 action remains below all major moving averages, with the 5, 10, 20, 55, 100, and 200-day benchmarks all trending down. The most recent swing pivot trend is down, with the next key support at 59.25 and major resistance levels overhead at 65.97 and above. The monthly and weekly session fib grids both show price trading below their respective NTZ (neutral trading zones), reinforcing the downside bias. Recent trade signals have all triggered short entries, confirming the prevailing downward momentum. Volatility, as measured by ATR, is moderate, and volume remains steady but not elevated, suggesting a controlled, persistent selloff rather than panic-driven moves. The market is in a sustained downtrend, with no immediate signs of reversal or strong counter-trend activity. This environment is characterized by lower highs, lower lows, and a lack of bullish catalysts, with price consolidating near recent lows after a sharp decline in October.


Chart Analysis ATS AI Generated: 2025-11-04 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.