CL Crude Oil Futures Daily Chart Analysis: 2026-Jan-23 07:04 CT

Price Action

• Last: 59.94,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 50%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 58%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 11%
• 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 58.00,
• 4. Pvt. Next: Pvt high 62.30,
• 5. Levels R: 65.54, 62.22, 60.43, 59.94, 59.91, 59.88, 59.81, 59.75, 59.68, 59.43, 58.72, 58.47, 57.37,
• 6. Levels S: 58.59, 55.62, 54.75.

Daily Benchmarks

• (Short-Term) 5 Day: 58.75 Up Trend,
• (Short-Term) 10 Day: 58.58 Up Trend,
• (Intermediate-Term) 20 Day: 58.99 Up Trend,
• (Intermediate-Term) 55 Day: 58.56 Up Trend,
• (Long-Term) 100 Day: 58.04 Up Trend,
• (Long-Term) 200 Day: 59.04 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 22 Jan 2026: Short CL 03-26 @ 59.48 Signals.USAR.TR120
• 19 Jan 2026: Short CL 03-26 @ 58.61 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The current daily chart for CL Crude Oil Futures shows a market in transition. Price is trading just below a recent resistance cluster, with the last price at 59.94 and medium-sized bars reflecting average momentum. The short-term swing pivot trend is down (DTrend), but the intermediate-term HiLo trend remains up, suggesting a possible pullback within a broader uptrend. All benchmark moving averages from short to long-term are in uptrends, supporting the underlying bullish structure. The ATR indicates moderate volatility, and volume is steady, with no major spikes. Recent trade signals have triggered short entries, reflecting the short-term pivot reversal, but the overall structure remains constructive above key support at 58.59 and 55.62. The market is currently consolidating after a strong rally, with price holding above the monthly and yearly session fib grid centers, indicating buyers are still in control on higher timeframes. Watch for a test of resistance at 60.43 and 62.22; a break above could resume the uptrend, while a failure may lead to further consolidation or a deeper retracement toward support. The environment is characterized by a mix of short-term countertrend action within a bullish intermediate and long-term context.