CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-02 07:05 CT

Price Action

• Last: 62.95,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 64.83,
• 4. Pvt. Next: Pvt low 59.34,
• 5. Levels R: 100.17, 79.57, 75.79, 73.96, 73.19, 72.78,
• 6. Levels S: 54.75, 50.16, 49.16, 47.37, 32.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 60.34 Down Trend,
• (Intermediate-Term) 10 Week: 60.87 Down Trend,
• (Long-Term) 20 Week: 59.47 Up Trend,
• (Long-Term) 55 Week: 62.52 Down Trend,
• (Long-Term) 100 Week: 62.03 Down Trend,
• (Long-Term) 200 Week: 64.81 Up Trend.

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: Bearish,
• Long-Term: Neutral.

Key Insights Summary

Crude oil futures are currently experiencing a period of downward pressure in both the short- and intermediate-term timeframes, as indicated by the negative WSFG and MSFG trends and the recent short trade signals. Price is trading below the NTZ center on both the weekly and monthly session grids, reinforcing a bearish bias for swing traders. The short-term swing pivot trend has shifted to an uptrend, suggesting a possible counter-trend bounce or retracement, but the intermediate-term HiLo trend remains down, and resistance levels above are significant. Long-term benchmarks are mixed, with the 20- and 200-week moving averages trending up, but the 55- and 100-week averages still in decline, resulting in a neutral long-term outlook. The market is currently testing resistance near the 64.83 swing high, with support levels clustered in the mid-50s. Overall, the technical landscape suggests a market in a corrective phase within a broader consolidation, with volatility and choppy price action likely as the market navigates between major support and resistance zones.