CL Crude Oil Futures Weekly Chart Analysis: 2026-Jan-15 07:03 CT

Price Action

• Last: 59.42,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 16%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 36%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 7%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 63.48,
• 4. Pvt. Next: Pvt low 55.64,
• 5. Levels R: 79.71, 76.93, 73.10, 73.33, 72.94,
• 6. Levels S: 54.89, 50.18, 49.41, 40.33, 39.27, 32.23.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 60.21 DTrend,
• (Intermediate-Term) 10 Week: 60.89 DTrend,
• (Long-Term) 20 Week: 59.42 UTrend,
• (Long-Term) 55 Week: 63.01 DTrend,
• (Long-Term) 100 Week: 63.91 DTrend,
• (Long-Term) 200 Week: 65.21 DTrend.

Recent Trade Signals

• 15 Jan 2026: Short CL 02-26 @ 60.15 Signals.USAR.TR120
• 12 Jan 2026: Long CL 02-26 @ 59.6 Signals.USAR-WSFG
• 09 Jan 2026: Long CL 02-26 @ 58.14 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Crude oil futures are showing a notable shift in momentum, with price action recently breaking above the NTZ center and holding above key session fib grid levels across weekly, monthly, and yearly timeframes. The short- and intermediate-term trends are both up, supported by swing pivot trends and recent long trade signals, indicating a recovery from recent lows and a possible continuation of the upward move. However, the long-term structure remains bearish, as major moving averages (55, 100, 200 week) are still trending down and price is below these benchmarks, suggesting overhead resistance and a need for further confirmation before a sustained long-term reversal. Resistance levels in the low-to-mid 70s remain significant, while support is clustered in the mid-50s and below. The market appears to be in a transition phase, with a potential for further upside in the short to intermediate term, but with long-term headwinds still present. Volatility and choppy price action are likely as the market tests these key levels.