CL Crude Oil Futures Daily Chart Analysis: 2026-Nov-06 07:02 CT

Price Action

• Last: 90.20,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -159%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -62%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 155%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 86.65,
• 4. Pvt. Next: Pvt high 95.01,
• 5. Levels R: 104.99,
• 6. Levels S: 86.65, 85.69, 67.44, 59.70, 54.32, 47.73.

Daily Benchmarks

• (Short-Term) 5 Day: 95.06 Down Trend,
• (Short-Term) 10 Day: 98.50 Down Trend,
• (Intermediate-Term) 20 Day: 97.18 Down Trend,
• (Intermediate-Term) 55 Day: 91.38 Down Trend,
• (Long-Term) 100 Day: 82.28 Up Trend,
• (Long-Term) 200 Day: 77.55 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 02 Nov 2026: Short CL 12-26 @ 100.17 Signals.USAR-MSFG
• 02 Nov 2026: Short CL 12-26 @ 100.72 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Crude oil is in a sharp short-term corrective selloff from the 104.99 pivot high, with price trading below the weekly and monthly Fib-grid centers and beneath the 5-, 10-, 20-, and 55-day benchmarks. The 86.65 pivot low is the immediate structural support after a fast downside swing, while 95.01 is the next pivot-reversal reference and 104.99 remains major resistance. The intermediate swing structure is mixed because the broader HiLo trend remains upward, but current momentum and benchmark alignment are bearish. Long-term structure remains constructive above rising 100- and 200-day averages, framing the current decline as a substantial retracement within the broader 2026 advance.