CL Crude Oil Futures Weekly Chart Analysis: 2026-Nov-09 07:39 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Price is in a fast, high-volatility retracement following the rejection from the 104.89 pivot high. The short-term structure is bearish beneath the declining 5- and 10-week benchmarks and below the weekly fib-grid equilibrium, while 85.63 defines the immediate pivot reversal level. Intermediate structure is mixed: the monthly grid remains down, but price remains above rising 20- and 55-week benchmarks. The broader yearly trend remains constructive, supported by price well above the yearly F0% zone and rising 100- and 200-week averages. The current pattern reflects a counter-trend pullback within a larger bullish recovery cycle, with 104.89 as major overhead resistance and 59.70 as the principal structural support.


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.