
The weekly chart for CL Crude Oil Futures as of mid-December 2025 shows a pronounced bearish environment across all timeframes. Price action is characterized by large bars and fast momentum, indicating heightened volatility and strong directional conviction to the downside. All major session fib grid trends (weekly, monthly, yearly) are negative, with price trading below their respective NTZ/F0% levels, reinforcing the prevailing downtrend. Swing pivot analysis highlights a short-term downtrend, with the most recent pivot low at 52.49 and the next potential resistance at 62.95. Intermediate-term HiLo trend remains up, suggesting some underlying support, but this is overshadowed by the dominant short-term and long-term bearish structure. Multiple resistance levels cluster above current price, while support is layered below, with 52.49 as the nearest significant level. All benchmark moving averages (from 5-week to 200-week) are trending down, confirming persistent selling pressure and a lack of sustained bullish momentum. Recent trade signals are all short entries, aligning with the technical outlook. Overall, the chart reflects a market in a strong corrective or trending phase lower, with no immediate signs of reversal. The technical landscape is dominated by lower highs and lower lows, and the market remains below key moving averages and fib grid zones. This environment is typical of a sustained downtrend, with potential for further volatility and tests of lower support levels.