CL Crude Oil Futures Daily Chart Analysis: 2026-Feb-02 07:04 CT

Price Action

• Last: 62.02,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -61%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -34%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 16%
• 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 61.09,
• 4. Pvt. Next: Pvt high 66.48,
• 5. Levels R: 66.48, 65.39, 61.78, 59.77, 59.05, 57.85, 57.07, 56.19, 73.19,
• 6. Levels S: 61.09, 58.32, 56.25, 55.62, 54.75, 50.00.

Daily Benchmarks

• (Short-Term) 5 Day: 63.37 Up Trend,
• (Short-Term) 10 Day: 61.74 Up Trend,
• (Intermediate-Term) 20 Day: 60.19 Up Trend,
• (Intermediate-Term) 55 Day: 59.54 Up Trend,
• (Long-Term) 100 Day: 57.50 Up Trend,
• (Long-Term) 200 Day: 60.00 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 02 Feb 2026: Short CL 03-26 @ 62.43 Signals.USAR.TR120
• 02 Feb 2026: Short CL 03-26 @ 63.71 Signals.USAR-MSFG
• 27 Jan 2026: Long CL 03-26 @ 61.78 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The recent price action in CL Crude Oil Futures has been marked by large, fast-moving bars, indicating heightened volatility and strong momentum. The short-term trend has shifted to bearish, as confirmed by the WSFG and swing pivot metrics, with price currently below key weekly and monthly session fib grid levels. However, the intermediate-term HiLo trend remains up, suggesting underlying support and a possible retracement or consolidation phase. All benchmark moving averages across timeframes are trending up, reflecting a robust longer-term bullish structure. The recent trade signals show a shift from long to short bias, aligning with the short-term downtrend and potential for further pullback. Key resistance is clustered near recent highs, while support levels are layered below, with 61.09 and 58.32 as immediate downside references. Overall, the market is experiencing a corrective phase within a broader uptrend, with volatility elevated and the potential for both sharp reversals and trend continuation moves as the market digests recent gains.