CL Crude Oil Futures Weekly Chart Analysis: 2026-Jan-12 07:05 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are currently trading at 59.03, with medium-sized weekly bars and slow momentum, indicating a period of consolidation after recent volatility. The short-term WSFG trend is neutral, with price sitting at the NTZ center, suggesting indecision and a lack of clear directional bias in the immediate term. However, the intermediate-term MSFG and long-term YSFG both show price above their respective NTZ centers and are trending up, hinting at underlying bullishness on higher timeframes. Swing pivot analysis reveals a short-term downtrend, but the intermediate-term HiLo trend remains up, reflecting a market that is attempting to recover from recent lows. The most recent pivot low is at 58.28, with the next potential pivot high at 61.11, setting up a possible test of resistance if momentum improves. Key resistance levels are clustered in the 72-80 range, while support is well established below 54, with deeper levels down to the low 30s. All major weekly moving averages (5, 10, 20, 55, 100, 200) are in downtrends, reinforcing a bearish long-term structure despite the recent bounce. Recent trade signals have triggered long entries in early January, aligning with the intermediate-term uptrend and suggesting a possible short-term reversal attempt. Overall, the market is in a transitional phase: short-term action is neutral, intermediate-term is bullish, and long-term remains bearish. This reflects a market caught between a potential bottoming process and persistent overhead resistance, with price action likely to remain choppy until a decisive breakout or breakdown occurs.


Chart Analysis ATS AI Generated: 2026-01-12 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.