CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-23 07:03 CT
Price Action
- Last: 66.47,
- Bars: Medium,
- Mom: Momentum average.
WSFG Weekly
- Short-Term
- WSFG Current: 16%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: 30%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 30%
- 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 66.47,
- 4. Pvt. Next: Pvt low 59.47,
- 5. Levels R: 100.00, 79.40, 76.62, 73.79, 73.02, 72.61,
- 6. Levels S: 54.88, 48.83, 46.09, 41.98, 39.21, 31.72.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 63.72 Up Trend,
- (Intermediate-Term) 10 Week: 61.07 Up Trend,
- (Long-Term) 20 Week: 59.64 Up Trend,
- (Long-Term) 55 Week: 61.07 Up Trend,
- (Long-Term) 100 Week: 62.59 Down Trend,
- (Long-Term) 200 Week: 64.46 Up Trend.
Recent Trade Signals
- 23 Feb 2026: Long CL 04-26 @ 66.72 Signals.USAR-WSFG
- 23 Feb 2026: Long CL 04-26 @ 65.68 Signals.USAR-MSFG
- 18 Feb 2026: Long CL 04-26 @ 63.98 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have recently broken above the NTZ center and are trading above key Fibonacci grid levels across weekly, monthly, and yearly timeframes, indicating a coordinated uptrend. The short-term swing pivot trend is up, supported by a series of recent long trade signals and a cluster of moving averages (5, 10, 20, 55, and 200 week) all trending higher. However, the intermediate-term HiLo trend remains down, suggesting some underlying caution or lag in the broader trend shift. Price is approaching a recent swing high, with resistance levels stacked above in the low-to-mid 70s and major resistance at 79.40 and 100.00. Support is well-defined in the mid-50s and below. The overall structure suggests a transition from a consolidation phase to a potential breakout, with momentum building but not yet extreme. The market is showing signs of a V-shaped recovery from recent lows, with higher lows and a push through key moving averages, but intermediate-term participants may still be watching for confirmation of sustained strength.
Chart Analysis ATS AI Generated: 2026-02-23 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.