CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-03 07:06 CT

Price Action

• Last: 62.56,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 64.81,
• 4. Pvt. Next: Pvt low 54.75,
• 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, 37.02.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 60.34 Down Trend,
• (Intermediate-Term) 10 Week: 59.47 Down Trend,
• (Long-Term) 20 Week: 60.87 Up Trend,
• (Long-Term) 55 Week: 59.07 Up Trend,
• (Long-Term) 100 Week: 58.77 Up 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: Neutral,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Crude oil futures are currently in a complex phase, with mixed signals across timeframes. Short-term price action shows an average momentum and a recent upward swing pivot, but the weekly session fib grid (WSFG) and monthly session fib grid (MSFG) both indicate a downward trend, with price below their respective NTZ/F0% levels. The intermediate-term HiLo trend is down, and recent short-term and intermediate-term trade signals have triggered shorts, reflecting prevailing bearish sentiment in these horizons. However, the yearly session fib grid (YSFG) remains in an uptrend, with price above the yearly NTZ/F0%, and all long-term moving averages (20, 55, 100, 200 week) are trending up, supporting a bullish long-term outlook. Resistance is clustered in the 72–100 range, while support is established at 54.75 and below. The market appears to be in a corrective or consolidative phase, with short-term upward swings countered by intermediate-term weakness, but underpinned by a resilient long-term uptrend. This environment may reflect ongoing macroeconomic uncertainty, potential seasonal effects, and a market searching for direction after a recent pullback and bounce from support.