CL Crude Oil Futures Daily Chart Analysis: 2025-Nov-16 18:04 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 persistent bearish structure across all timeframes, with price action remaining below key session fib grid levels and all major moving averages trending down. The most recent swing pivot is a low at 58.12, with the next potential reversal at the 60.94 swing high, indicating the market is in a short-term downtrend with lower highs and lower lows. Resistance levels are stacked well above current price, while support is clustered just below, suggesting a market that is testing the lower end of its recent range. Volatility, as measured by ATR, is moderate, and volume remains steady but not elevated, indicating no panic or capitulation. Recent trade signals show mixed short and long entries, reflecting attempts to catch reversals or bounces, but the dominant trend remains down. The overall technical landscape points to continued pressure on crude, with no clear signs of a sustained reversal yet. The market is in a corrective or consolidation phase within a broader downtrend, and traders are likely watching for either a breakdown of support or a failed rally into resistance for the next directional move.


Chart Analysis ATS AI Generated: 2025-11-16 18:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.