CL Crude Oil Futures Daily Chart Analysis: 2026-Nov-05 07:02 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Price has undergone a fast, large-range selloff from the 104.99 swing-high resistance area and is trading beneath the weekly and November monthly Fib-grid centers. The short-term pivot structure is in DTrend, with price pressing the 86.65 pivot-low area and nearby 85.69 support after a sharp breakdown below the 5-, 10-, 20-, and 55-day benchmarks. The intermediate structure has weakened materially, although the broader HiLo trend and long-term moving-average structure remain constructive because price is still above rising 100- and 200-day benchmarks. The current action reflects a strong countertrend retracement within the longer-term advance, with 94.97 defining the next pivot-high reversal reference and 104.99 remaining major overhead resistance.


Chart Analysis ATS AI Generated: 2026-11-05 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.