CL Crude Oil Futures Weekly Chart Analysis: 2026-Jan-29 07:05 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures have staged a strong rally, with price surging above key NTZ/F0% levels across weekly, monthly, and yearly session fib grids, confirming a decisive short-term uptrend. The most recent bars are large and momentum is fast, indicating strong buying interest and a potential breakout from prior consolidation. Swing pivots show a short-term uptrend, but the intermediate-term HiLo trend remains down, suggesting the move is still in the early stages of a possible trend reversal. Resistance levels cluster above in the 70s and 100s, while support is well below in the mid-50s and 40s, highlighting a wide trading range. Weekly benchmarks show short- and intermediate-term moving averages turning up, while longer-term averages are still in downtrends, reflecting a transition phase. Recent long trade signals align with the bullish short-term momentum. Overall, the market is showing bullish short-term momentum with neutral intermediate and long-term outlooks as it tests the upper bounds of a multi-month range, with the potential for further upside if resistance levels are overcome.


Chart Analysis ATS AI Generated: 2026-01-29 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.