CL Crude Oil Futures Weekly Chart Analysis: 2026-Jan-28 07:05 CT

Price Action

• Last: 64.85,
• 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: 125%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 18%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 63.1,
• 4. Pvt. Next: Pvt low 57.15,
• 5. Levels R: 100.17, 79.57, 76.79, 73.36, 73.19, 72.70,
• 6. Levels S: 54.75, 50.00, 49.16, 47.37, 37.02.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 58.63 Up Trend,
• (Intermediate-Term) 10 Week: 59.28 Up Trend,
• (Long-Term) 20 Week: 62.90 Up Trend,
• (Long-Term) 55 Week: 60.71 Down Trend,
• (Long-Term) 100 Week: 61.14 Down Trend,
• (Long-Term) 200 Week: 64.86 Down Trend.

Recent Trade Signals

• 27 Jan 2026: Long CL 03-26 @ 61.96 Signals.USAR.TR120
• 27 Jan 2026: Long CL 03-26 @ 61.78 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil futures have recently shown a shift in momentum, with price action breaking above the NTZ center and key short-term resistance levels. The short-term trend is bullish, supported by upward momentum in the 5 and 10 week moving averages and recent long trade signals. However, the intermediate-term HiLo trend remains down, indicating that the market is still digesting prior weakness and may be in a transition phase. Long-term benchmarks (55, 100, 200 week MAs) are still in a downtrend, suggesting that the broader structure is not yet fully supportive of a sustained rally. The price is currently testing the 20 and 200 week moving averages, which could act as significant resistance. Key resistance levels are clustered in the 70s and 100 area, while support is established in the mid-50s to upper-40s. The market appears to be emerging from a consolidation phase, with potential for further upside if momentum persists, but the presence of overhead resistance and mixed intermediate/long-term signals suggest a need for confirmation of trend continuation.