CL Crude Oil Futures Daily Chart Analysis: 2026-Feb-03 07:05 CT

Price Action

• Last: 62.47,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -51%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -28%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 17%
• 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 high 66.48,
• 4. Pvt. Next: Pvt low 65.18,
• 5. Levels R: 66.48, 63.16, 61.12, 59.85, 58.52, 56.43, 54.75, 50.00,
• 6. Levels S: 60.13, 59.59.

Daily Benchmarks

• (Short-Term) 5 Day: 63.67 Down Trend,
• (Short-Term) 10 Day: 62.04 Down Trend,
• (Intermediate-Term) 20 Day: 60.43 Up Trend,
• (Intermediate-Term) 55 Day: 60.13 Up Trend,
• (Long-Term) 100 Day: 59.59 Up Trend,
• (Long-Term) 200 Day: 60.13 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

Crude oil futures have recently experienced a sharp reversal from a swing high at 66.48, with large, fast momentum bars driving price down to the current 62.47 level. The short-term trend has shifted decisively bearish, as confirmed by both the WSFG and MSFG grids showing price below their respective NTZ/F0% levels and both trending down. The swing pivot structure also reflects this, with the short-term pivot trend in a downtrend and the next key pivot low at 65.18, while resistance levels are stacked above current price. However, the intermediate-term HiLo trend remains in an uptrend, and all major moving averages from 20-day to 200-day are still in uptrends, suggesting underlying longer-term strength. The long-term YSFG grid remains bullish, with price above its NTZ and trend up. Recent trade signals have shifted to the short side, aligning with the current short-term momentum. Volatility is elevated (ATR 211), and volume remains robust. Overall, the market is in a corrective phase within a larger uptrend, with short-term pressure to the downside but longer-term structure still supportive of higher prices. Swing traders should note the potential for further downside in the near term, but also be aware of the underlying bullish context on the higher timeframes.