CL Crude Oil Futures Daily Chart Analysis: 2026-Nov-09 07:38 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, high-range reversal from the 104.99 pivot-high resistance area and remains below the weekly and November monthly Fib-grid center zones. The short-term pivot structure is in DTrend, with price below the declining 5-, 10-, 20-, and 55-day benchmarks, confirming a countertrend selloff within the broader yearly uptrend. The 88.65 to 87.44 support band is the immediate downside reference area, while 95.35 is the next pivot-reversal threshold and 104.99 remains the major overhead resistance. Long-term structure remains constructive because price is still above rising 100- and 200-day averages and the yearly Fib-grid bias remains positive; however, current price action reflects a sharp bearish retracement with elevated daily range and momentum.


Chart Analysis ATS AI Generated: 2026-11-09 07:39 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.