CL Crude Oil Futures Daily Chart Analysis: 2026-Feb-23 07:03 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures have demonstrated a strong bullish reversal since late January, with price action breaking above key resistance levels and maintaining momentum. The current swing structure shows a clear uptrend in both short- and intermediate-term pivot trends, with the most recent pivot high at 66.63 and the next potential pivot low support at 62.77. All benchmark moving averages across short, intermediate, and long-term timeframes are trending upward, confirming broad-based strength. Price is trading above the NTZ center lines for weekly, monthly, and yearly session fib grids, reinforcing the bullish bias across all timeframes. Volatility remains elevated (ATR 211), and volume is robust, supporting the move. Recent trade signals have triggered new long entries, aligning with the prevailing uptrend. The market is in a trend continuation phase, with higher highs and higher lows, and no immediate signs of exhaustion or reversal. This environment favors trend-following strategies, with attention to potential pullbacks toward support levels for signs of trend health.


Chart Analysis ATS AI Generated: 2026-02-23 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.