CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-16 07:04 CT

Price Action

• Last: 59.95,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 43%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 8%
• 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 high 62.36,
• 4. Pvt. Next: Pvt low 55.75,
• 5. Levels R: 62.36, 65.68, 62.42, 60.48, 59.76, 59.13, 58.78, 58.14, 57.51,
• 6. Levels S: 55.75, 54.89.

Daily Benchmarks

• (Short-Term) 5 Day: 60.2 Down Trend,
• (Short-Term) 10 Day: 58.06 Up Trend,
• (Intermediate-Term) 20 Day: 58.75 Up Trend,
• (Intermediate-Term) 55 Day: 58.76 Up Trend,
• (Long-Term) 100 Day: 58.04 Up Trend,
• (Long-Term) 200 Day: 60.17 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

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

Key Insights Summary

Crude oil futures have recently experienced a sharp move with large, fast momentum bars, indicating heightened volatility and active participation. The price is currently above all key session fib grid levels (weekly, monthly, yearly), with all session grid trends pointing up, suggesting a strong underlying bullish structure. However, the short-term swing pivot trend has shifted to down (DTrend) after a recent high at 62.36, with the next key support at 55.75, reflecting a possible short-term pullback or correction within a broader uptrend. Most moving averages (10, 20, 55, 100-day) are trending up, supporting the intermediate and long-term bullish outlook, though the 5-day and 200-day MAs are in a downtrend, highlighting some near-term weakness or consolidation. Recent trade signals show both long and short entries, reflecting the choppy, two-way action typical of a market transitioning or digesting recent gains. Volatility (ATR) and volume (VOLMA) remain elevated, consistent with the recent breakout and subsequent retracement. Overall, the market is in a bullish phase on intermediate and long-term timeframes, but short-term action is mixed, with potential for further consolidation or a test of lower support before the next directional move.