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

Price Action

• Last: 56.91,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt low 54.08,
• 4. Pvt. Next: Pvt high 61.35,
• 5. Levels R: 100.31, 79.71, 78.93, 73.33, 72.92,
• 6. Levels S: 54.08, 50.18, 49.40, 40.31, 39.43, 37.22.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 56.04 Down Trend,
• (Intermediate-Term) 10 Week: 57.24 Down Trend,
• (Long-Term) 20 Week: 59.74 Down Trend,
• (Long-Term) 55 Week: 60.95 Down Trend,
• (Long-Term) 100 Week: 63.04 Down Trend,
• (Long-Term) 200 Week: 65.33 Down Trend.

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 strong buying interest. The weekly and monthly session fib grids both show price below their respective NTZ centers, confirming a downward bias and trend. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, suggesting some underlying support but not enough to reverse the prevailing weakness. All key moving averages from 5-week to 200-week are trending down, reinforcing the dominant bearish sentiment. Multiple recent short trade signals further validate the downside pressure. Resistance levels are clustered far above current price, while support is being tested near recent lows. The market is in a corrective or continuation phase, with no immediate signs of reversal, and is likely experiencing a period of consolidation within a broader downtrend.