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

Price Action

• Last: 56.96,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt low 54.08,
• 4. Pvt. Next: Pvt high 61.35,
• 5. Levels R: 79.71, 78.93, 73.33, 72.92, 70.31,
• 6. Levels S: 54.08, 50.18, 49.40, 40.31, 39.43, 37.22.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 59.74 Down Trend,
• (Intermediate-Term) 10 Week: 60.95 Down Trend,
• (Long-Term) 20 Week: 59.74 Down Trend,
• (Long-Term) 55 Week: 63.04 Down Trend,
• (Long-Term) 100 Week: 65.33 Down Trend,
• (Long-Term) 200 Week: 63.94 Down Trend.

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 subdued with slow momentum and medium-sized bars, reflecting a lack of strong directional conviction but a persistent downward bias. The weekly and monthly session fib grids both show price below their respective NTZ (neutral trading zones) and negative trends, confirming short- and intermediate-term weakness. The yearly grid is neutral, but the price is not showing signs of recovery. Swing pivots highlight a dominant short-term downtrend, while the intermediate-term trend is up, suggesting some underlying support or potential for a countertrend bounce, but this is not yet materializing. Resistance levels are clustered well above current price, while support is being tested near recent lows. All benchmark moving averages from short to long term are trending down, reinforcing the prevailing bearish sentiment. Recent trade signals are all short, aligning with the technical picture. Overall, the market is in a sustained downtrend, with no immediate signs of reversal. The environment is characterized by persistent selling pressure, failed rallies, and a series of lower highs and lower lows. The technical landscape suggests continued caution for any countertrend plays, as the path of least resistance remains to the downside.