CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-06 07:04 CT

Price Action

• Last: 58.50,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 42%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt High 58.48,
• 4. Pvt. Next: Pvt Low 56.28,
• 5. Levels R: 62.76, 60.26, 58.73, 57.95,
• 6. Levels S: 54.89, 50.14, 47.51.

Daily Benchmarks

• (Short-Term) 5 Day: 57.77 Up Trend,
• (Short-Term) 10 Day: 57.91 Up Trend,
• (Intermediate-Term) 20 Day: 57.53 Up Trend,
• (Intermediate-Term) 55 Day: 58.44 Down Trend,
• (Long-Term) 100 Day: 60.30 Down Trend,
• (Long-Term) 200 Day: 60.01 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 06 Jan 2026: Long CL 02-26 @ 58.48 Signals.USAR-MSFG
• 05 Jan 2026: Long CL 02-26 @ 57.99 Signals.USAR.TR120
• 05 Jan 2026: Long CL 02-26 @ 57.84 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil futures are showing a notable shift in momentum, with price action breaking above key short- and intermediate-term moving averages and the monthly/weekly session fib grid centers. The short-term swing pivot trend has turned up, supported by a series of recent long trade signals and higher lows, while the intermediate-term trend is also up, though the HiLo trend remains neutral, suggesting some consolidation or indecision at this timeframe. Resistance levels are layered above, with 58.73 and 60.26 as immediate hurdles, while support is well-defined at 54.89. The long-term trend is still neutral to down, as indicated by the 100- and 200-day moving averages, but the current rally is testing these levels. Volatility is moderate, and volume is steady, supporting the current move. Overall, the market is in a recovery phase, with a bullish bias in the short and intermediate term, but still facing overhead resistance from the longer-term trend structure.