CL Crude Oil Futures Daily Chart Analysis: 2026-Feb-24 07:02 CT

Price Action

• Last: 66.56,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 29%
• 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: UTrend,
• 3. Pvt. Evolve: Pvt high 66.56,
• 4. Pvt. Next: Pvt low 63.16,
• 5. Levels R: 66.56, 65.78, 65.02, 62.71,
• 6. Levels S: 63.16, 61.46, 60.52, 58.43, 54.58.

Daily Benchmarks

• (Short-Term) 5 Day: 65.63 Up Trend,
• (Short-Term) 10 Day: 64.44 Up Trend,
• (Intermediate-Term) 20 Day: 61.46 Up Trend,
• (Intermediate-Term) 55 Day: 61.04 Up Trend,
• (Long-Term) 100 Day: 59.67 Up Trend,
• (Long-Term) 200 Day: 60.52 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 23 Feb 2026: Long CL 04-26 @ 66.44 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: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Crude oil futures have staged a strong rally, breaking above key resistance levels with fast momentum and large daily bars. All major swing trading metrics—weekly, monthly, and yearly session fib grids—are aligned to the upside, confirming a broad-based uptrend. The swing pivot structure shows a clear sequence of higher highs and higher lows, with the most recent pivot high at 66.56 and the next potential support at 63.16. All benchmark moving averages from short to long term are trending upward, reinforcing the bullish structure. Volatility remains elevated (ATR 211), and volume is robust, supporting the move. Recent trade signals have triggered new long entries, reflecting the strong trend continuation. The market is in a trending phase, with little sign of exhaustion or reversal, and price is well above all major moving averages and session fib grid centers. This environment favors trend-following strategies, with the potential for further upside as long as support levels hold.