CL Crude Oil Futures Weekly Chart Analysis: 2025-Nov-07 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 exhibiting a clear bearish bias across both short-term and long-term timeframes, with price action currently below all major session fib grid centers and long-term moving averages. The most recent swing pivots show a developing downtrend in the short-term, while the intermediate-term HiLo trend remains up, suggesting some underlying support or a potential for countertrend moves. However, the prevailing momentum is slow, and the market is trading below key resistance levels, with the next significant support at 56.18 and major resistance overhead at 63.13 and higher. Recent trade signals have all triggered on the short side, reinforcing the dominant downward pressure. The overall structure points to a market in a corrective or consolidative phase within a broader downtrend, with volatility contained but risk of further downside if support levels are breached. The technical landscape suggests a market that is struggling to find bullish traction, with rallies being sold and lower highs forming, indicative of persistent selling interest.


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