CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-20 07:04 CT

Price Action

• Last: 58.08,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 32%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 47%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 9%
• 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 62.30,
• 4. Pvt. Next: Pvt low 55.62,
• 5. Levels R: 62.30, 61.86, 60.78, 59.81, 59.71, 57.86, 57.76,
• 6. Levels S: 55.62, 54.75, 54.02, 53.77.

Daily Benchmarks

• (Short-Term) 5 Day: 60.13 Down Trend,
• (Short-Term) 10 Day: 58.83 Down Trend,
• (Intermediate-Term) 20 Day: 58.08 Up Trend,
• (Intermediate-Term) 55 Day: 58.64 Down Trend,
• (Long-Term) 100 Day: 59.83 Down Trend,
• (Long-Term) 200 Day: 60.01 Down Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 19 Jan 2026: Short CL 03-26 @ 58.61 Signals.USAR-WSFG
• 15 Jan 2026: Short CL 02-26 @ 60.15 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil futures are currently experiencing a corrective phase after a recent swing high at 62.30, with price action pulling back to 58.08. The short-term trend has shifted to the downside, as confirmed by the swing pivot DTrend and the majority of short-term moving averages turning down. However, the intermediate-term HiLo trend remains up, suggesting the broader structure is still holding higher lows, but momentum has slowed. The price is above the key F0% levels on the weekly and monthly session fib grids, indicating some underlying support, but the recent trade signals and moving average alignment point to increased downside pressure. Volatility remains moderate, and volume is steady, reflecting a market in transition rather than a strong trending environment. The market is at a technical crossroads, with the next key support at 55.62 and resistance at 62.30. The overall structure suggests a choppy, corrective environment with potential for further retracement or consolidation before a new directional move emerges.