CL Crude Oil Futures Weekly Chart Analysis: 2025-Nov-16 18:04 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 in a slow momentum environment with medium-sized weekly bars, reflecting a period of consolidation after recent declines. The price is positioned below all major session fib grid centers (WSFG, MSFG, YSFG), and all benchmark moving averages are trending down, confirming a broad-based bearish structure across timeframes. The short-term swing pivot trend is down, with the next significant resistance at 63.21 and support at 55.18, suggesting the market is closer to testing support than resistance. Intermediate-term swing pivots show an uptrend, indicating some underlying bid or potential for a counter-trend rally, but this is not yet confirmed by price action or moving averages. Recent trade signals show mixed activity, with both long and short entries triggered in the past week, highlighting choppy and indecisive market conditions. Overall, the technical landscape points to a bearish bias in the short and long term, with the intermediate term in a neutral state as the market digests recent volatility and awaits a clearer directional move.


Chart Analysis ATS AI Generated: 2025-11-16 18:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.