CL Crude Oil Futures Daily Chart Analysis: 2026-Oct-08 07:02 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude remains in a broader advancing structure, holding above the rising 55-, 100-, and 200-day benchmarks and above the October monthly and 2026 yearly Fib-grid reference areas. The short-term picture is consolidative after the September surge and subsequent retracement from the 102.03 pivot high. Price has formed a lower-high sequence from that peak and the active pivot trend remains down, while the rebound from 86.86 support has restored price above the 5-day average. The 91.05 to 93.37 benchmark area defines a near-term congestion zone, with 95.86 representing the next upside pivot threshold and 86.86 remaining the principal swing support. Volume remains moderate relative to recent activity, while ATR reflects an elevated daily range environment consistent with crude's volatile post-rally consolidation.


Chart Analysis ATS AI Generated: 2026-10-08 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.