CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-09 07:06 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 currently exhibiting a mixed structure across timeframes. The short-term trend is bullish, supported by price action above the weekly session fib grid (WSFG) NTZ and a recent upswing in swing pivots, with momentum at an average pace and medium-sized bars. However, the intermediate-term (monthly) trend remains bearish, as indicated by the MSFG and a downward HiLo swing trend, suggesting that the recent rally may be a countertrend move within a broader pullback. Long-term (yearly) structure is neutral, with price above the yearly NTZ and most long-term moving averages trending up, but the 100 and 200 week MAs still in a downtrend, reflecting a market in transition. Resistance is layered above at 72.78–100.17, while support is clustered at 54.75–47.37, highlighting a wide trading range. Recent trade signals show both long and short entries, underscoring the choppy, two-way nature of the current market. Overall, the market is in a consolidation phase with short-term bullish momentum, but faces significant overhead resistance and unresolved longer-term directionality.


Chart Analysis ATS AI Generated: 2026-02-09 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.