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

Price Action

• Last: 90.49,
• Bars: Large,
• 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, 44.32.

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: 82.29 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

Price has undergone a fast, high-range liquidation from the 104.99 pivot high, breaking beneath the weekly and monthly Fibonacci center areas and falling below the 5, 10, 20, and 55-day benchmarks. The short-term pivot structure is bearish, although the latest rebound from 86.65 reflects a countertrend bounce inside the larger selloff. Intermediate momentum remains pressured while price stays below 91.38 through 98.50 benchmark resistance. The broader yearly structure remains constructive above the rising 100 and 200-day averages, leaving the decline as a significant retracement within the longer-term uptrend. Key structural reference points are 95.01 for a potential swing-high evolution, 104.99 as major resistance, and 86.65/85.69 as the nearby support zone.