CL Crude Oil Futures Weekly Chart Analysis: 2026-Jan-09 07:05 CT

Price Action

• Last: 58.17,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 29%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

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, 50.14, 49.30, 40.31, 39.73, 27.23.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 59.74 Down Trend,
• (Intermediate-Term) 10 Week: 60.95 Down Trend,
• (Long-Term) 20 Week: 59.71 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

• 09 Jan 2026: Long CL 02-26 @ 58.14 Signals.USAR-MSFG
• 08 Jan 2026: Long CL 02-26 @ 58.59 Signals.USAR.TR120
• 07 Jan 2026: Short CL 02-26 @ 56.99 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil futures are currently trading at 58.17, with medium-sized weekly bars and slow momentum, indicating a market in transition. The short-term WSFG and intermediate-term MSFG both show an upward trend with price holding above their respective NTZ/F0% levels, suggesting a recent shift in sentiment. However, the short-term swing pivot trend remains down, while the intermediate-term HiLo trend is up, highlighting a divergence between immediate and broader trends. Key resistance levels are well above current price, while support is clustered in the low 50s and upper 30s, indicating a wide range for potential price action. All major moving averages (from 5 to 200 weeks) are trending down, reinforcing a bearish long-term structure despite the recent upward bias in session grids. Recent trade signals show mixed activity, with both long and short entries in the past week, reflecting the choppy and indecisive nature of the current market. Overall, the market is in a consolidation phase with a neutral short-term outlook, bullish intermediate-term momentum, but a bearish long-term trend, as price attempts to recover from recent lows but remains below key moving averages.