CL Crude Oil Futures Daily Chart Analysis: 2026-Nov-08 18:02 CT

Price Action

• Last: 90.34,
• Bars: Small,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -175%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -63%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 157%
• 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 95.35,
• 5. Levels R: 104.99, 100.50,
• 6. Levels S: 87.44, 86.65, 85.69, 67.44.

Daily Benchmarks

• (Short-Term) 5 Day: 92.4 Down Trend,
• (Short-Term) 10 Day: 97.26 Down Trend,
• (Intermediate-Term) 20 Day: 97.16 Down Trend,
• (Intermediate-Term) 55 Day: 91.36 Down Trend,
• (Long-Term) 100 Day: 82.5 Up Trend,
• (Long-Term) 200 Day: 77.79 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 action reflects a fast retracement from the 104.99 swing-high resistance zone into the 86.65 pivot-low area, followed by a modest rebound toward 90.34. The short-term pivot trend remains down and price is below the weekly and monthly Fib-grid centers, as well as beneath the 5-, 10-, 20-, and 55-day benchmarks. The intermediate structure is mixed because the HiLo trend remains up, but the recent decline has produced a sharp countertrend selloff through the November NTZ. Long-term structure remains constructive, with price above the rising 100- and 200-day benchmarks and the yearly Fib-grid bias still positive. The 87.44-85.69 area is the immediate support cluster, while 91.36, 95.35, 97.16, 100.50, and 104.99 define successive overhead resistance.