CL Crude Oil Futures Weekly Chart Analysis: 2026-Feb-24 07:02 CT
Price Action
- Last: 66.57,
- Bars: Medium,
- Mom: Momentum average.
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: DTrend,
- 3. Pvt. Evolve: Pvt high 67.27,
- 4. Pvt. Next: Pvt low 59.64,
- 5. Levels R: 100.00, 79.40, 76.62, 73.79, 73.02, 72.61,
- 6. Levels S: 64.88, 61.07, 59.64, 54.56, 48.93, 47.83, 48.09, 41.98, 39.21, 31.22.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 63.73 Up Trend,
- (Intermediate-Term) 10 Week: 61.07 Up Trend,
- (Long-Term) 20 Week: 61.77 Up Trend,
- (Long-Term) 55 Week: 62.59 Up Trend,
- (Long-Term) 100 Week: 64.46 Down Trend,
- (Long-Term) 200 Week: 44.60 Up Trend.
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: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have recently broken above key NTZ (neutral zone) levels across weekly, monthly, and yearly session fib grids, with price action confirming an upward bias and average momentum. The short-term swing pivot trend is up, supported by a series of recent long trade signals and all short/intermediate moving averages trending higher. However, the intermediate-term HiLo trend remains down, suggesting some underlying caution or potential for retracement. Long-term structure is constructive, with price above major moving averages and the 200-week MA trending up, indicating a broader bullish environment. Resistance levels cluster in the low-to-mid 70s and 80s, while support is layered from the mid-60s down to the high 40s. The market appears to be transitioning from a consolidation phase into a potential trend continuation, with higher lows and a recent breakout from the NTZ. Volatility remains moderate, and the technical setup favors a bullish outlook in the short and long term, while the intermediate-term trend is still in transition.
Chart Analysis ATS AI Generated: 2026-02-24 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.