CL Crude Oil Futures Daily Chart Analysis: 2025-Nov-17 07:04 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 currently trading at 60.01, with medium-sized bars and average momentum, reflecting a market in transition. The short-term WSFG trend is up, with price just above the weekly NTZ, but the monthly and yearly session fib grids both show price below their respective NTZs and in a downtrend, indicating persistent intermediate and long-term bearish pressure. Swing pivot analysis confirms a short-term and intermediate-term downtrend, with the most recent pivot low at 58.12 and the next potential reversal at 60.94. Resistance levels are stacked above, with significant barriers at 62.59 and 65.97, while support is clustered near recent lows. All benchmark moving averages from short to long term are trending down, reinforcing the broader bearish structure. Recent trade signals show a mix of short and long entries, suggesting choppy, range-bound price action with attempts at both trend continuation and countertrend bounces. Volatility remains moderate, and volume is steady. Overall, the market is consolidating after a sell-off, with short-term neutral bias but prevailing bearish sentiment on higher timeframes. The price is testing support, and any sustained move above 61 could challenge the downtrend, but for now, the path of least resistance remains to the downside.


Chart Analysis ATS AI Generated: 2025-11-17 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.