CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-08 07:04 CT

Price Action

• Last: 57.25,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -25%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: -9%
• 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 58.88,
• 5. Levels R: 65.68, 63.30, 60.26, 59.92, 58.88,
• 6. Levels S: 54.89, 54.16, 53.98.

Daily Benchmarks

• (Short-Term) 5 Day: 57.24 Down Trend,
• (Short-Term) 10 Day: 57.77 Down Trend,
• (Intermediate-Term) 20 Day: 58.48 Down Trend,
• (Intermediate-Term) 55 Day: 59.92 Down Trend,
• (Long-Term) 100 Day: 60.26 Down Trend,
• (Long-Term) 200 Day: 60.48 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 08 Jan 2026: Short CL 02-26 @ 56.25 Signals.USAR-MSFG
• 07 Jan 2026: Short CL 02-26 @ 56.99 Signals.USAR-WSFG
• 06 Jan 2026: Short CL 02-26 @ 56.91 Signals.USAR.TR120

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 aggressive buying or selling. The weekly and monthly session fib grids both show price trading below their respective NTZ/F0% levels, confirming persistent downward pressure. All major swing pivot trends (short and intermediate) are in decline, with the most recent pivot low at 54.89 and resistance levels stacked well above current price, indicating that rallies are being sold into. All benchmark moving averages from short to long term are trending down, reinforcing the dominant downtrend. Recent trade signals have consistently triggered short entries, aligning with the prevailing technical weakness. Volatility (ATR) and volume (VOLMA) are moderate, suggesting controlled but persistent selling rather than panic. The market is in a clear downtrend phase, with lower highs and lower lows, and no immediate signs of reversal or strong support holding. This environment favors trend continuation setups, with any bounces likely to encounter resistance at the highlighted pivot and moving average levels.