CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-01 18:04 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures are showing a mixed technical landscape. Short-term price action is neutral, with the latest swing pivot indicating an uptrend but the weekly session fib grid (WSFG) trend remains down and price is below the NTZ center, suggesting resistance to further upside in the immediate term. Intermediate-term signals are more constructive: the monthly session fib grid (MSFG) is strongly up, price is above the NTZ, and both the 5- and 10-week moving averages are trending higher, supporting a bullish bias. Long-term, the yearly session fib grid (YSFG) is up, but major long-term moving averages (55, 100, 200 week) are still in downtrends, tempering the outlook and indicating that the market is still working through overhead resistance. Key resistance levels cluster in the low-to-mid $70s, while support is well-defined in the mid-$50s. Recent trade signals have triggered new long entries, reflecting the short-term and intermediate-term momentum shift. Overall, the market is transitioning from a period of weakness to a more constructive phase, but faces significant resistance overhead and remains in a broader consolidation range.


Chart Analysis ATS AI Generated: 2026-02-01 18:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.