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

Price Action

• Last: 59.26,
• Bars: Medium,
• Mom: Momentum 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 62.12,
• 4. Pvt. Next: Pvt low 55.08,
• 5. Levels R: 100.17, 79.57, 76.79, 73.19, 72.78,
• 6. Levels S: 54.75, 50.16, 49.07, 37.07, 32.09.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 59.48 Up Trend,
• (Intermediate-Term) 10 Week: 60.50 Down Trend,
• (Long-Term) 20 Week: 59.26 Up Trend,
• (Long-Term) 55 Week: 60.82 Down Trend,
• (Long-Term) 100 Week: 62.92 Down Trend,
• (Long-Term) 200 Week: 64.99 Down Trend.

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

Key Insights Summary

Crude oil futures are showing a notable shift in momentum, with price action currently above the key NTZ center and all session fib grid trends (weekly, monthly, yearly) pointing upward. The swing pivot structure confirms an emerging uptrend in both short- and intermediate-term timeframes, with the most recent pivot high at 62.12 and next support at 55.08. Resistance levels remain clustered well above current price, suggesting room for further upside if momentum persists. However, the long-term moving averages (55, 100, 200 week) are still trending down, indicating that the broader trend has not fully reversed and the market is in a transitional phase. Recent short trade signals highlight ongoing volatility and potential for countertrend moves, but the overall technical structure favors a bullish bias in the short- and intermediate-term, with long-term sentiment remaining neutral as the market tests key resistance and support levels within a broad consolidation range.