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

Price Action

• Last: 57.39,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -17%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 54.89,
• 4. Pvt. Next: Pvt high 58.46,
• 5. Levels R: 65.68, 63.75, 62.70, 60.77, 59.83, 58.46,
• 6. Levels S: 54.89, 54.78, 54.14.

Daily Benchmarks

• (Short-Term) 5 Day: 57.73 Down Trend,
• (Short-Term) 10 Day: 57.77 Down Trend,
• (Intermediate-Term) 20 Day: 58.86 Down Trend,
• (Intermediate-Term) 55 Day: 59.97 Down Trend,
• (Long-Term) 100 Day: 60.28 Down Trend,
• (Long-Term) 200 Day: 60.28 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 07 Jan 2026: Short CL 02-26 @ 56.22 Signals.USAR-MSFG
• 06 Jan 2026: Short CL 02-26 @ 56.91 Signals.USAR.TR120
• 06 Jan 2026: Short CL 02-26 @ 56.94 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Crude oil futures are exhibiting a clear bearish structure across all timeframes. Price action is characterized by medium-sized bars and slow momentum, with the last price at 57.39, trading below all key moving averages. Both the weekly and monthly session fib grids show price below their respective NTZ (neutral trading zones), confirming a persistent downtrend. Swing pivot analysis highlights a dominant downtrend, with the most recent pivot low at 54.89 and the next potential reversal at the pivot high of 58.46. Resistance levels are stacked above, while support is concentrated near recent lows, suggesting limited downside targets unless a breakdown occurs. All benchmark moving averages (short, intermediate, and long-term) are trending down, reinforcing the prevailing bearish sentiment. Recent trade signals have consistently triggered short entries, aligning with the overall technical picture. Volatility remains moderate, and volume is steady, indicating orderly but persistent selling pressure. The market is in a trend continuation phase, with no immediate signs of reversal or significant bounce, and price remains vulnerable to further declines unless a strong counter-trend move emerges.