CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-04 18:02 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

The current daily chart for CL Crude Oil Futures shows a mixed environment for swing traders. Price action is moderately active with average momentum and the last price at 58.65, sitting just above the short-term moving averages, which are all trending up. The short-term Weekly Session Fib Grid (WSFG) trend is up, with price above the NTZ center, supporting a bullish short-term bias. However, the intermediate-term Monthly Session Fib Grid (MSFG) trend is down, with price below the NTZ center, indicating a bearish bias for the month. The long-term Yearly Session Fib Grid (YSFG) remains up, but only marginally so. Swing pivots show a short-term uptrend, but the intermediate-term HiLo trend is down, with the most recent pivot high at 60.88 and the next key pivot low at 55.30. Resistance levels cluster between 59.33 and 62.96, while support is found at 54.89 and lower. The 20-day moving average is rising, but the 55, 100, and 200-day moving averages are all trending down, suggesting that while there is a short-term bounce, the broader trend remains under pressure. Recent trade signals reflect this mixed environment, with both short and long signals triggered in the past week. Volatility (ATR) is moderate, and volume is steady. Overall, the market is in a transition phase, with short-term bullish momentum facing significant intermediate and long-term resistance. Swing traders should be aware of potential for both continued short-term rallies and possible reversals at key resistance levels, as the broader trend remains unresolved.


Chart Analysis ATS AI Generated: 2026-01-04 18:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.