CL Crude Oil Futures Daily Chart Analysis: 2026-Mar-16 07:02 CT
Price Action
- Last: 97.09,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -21%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: 327%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 123%
- 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 102.41,
- 4. Pvt. Next: Pvt Low 84.34,
- 5. Levels R: 102.41, 101.14, 99.65, 90.48, 86.95, 85.36,
- 6. Levels S: 75.45, 70.41, 62.22.
Daily Benchmarks
- (Short-Term) 5 Day: 91.88 Up Trend,
- (Short-Term) 10 Day: 85.23 Up Trend,
- (Intermediate-Term) 20 Day: 75.24 Up Trend,
- (Intermediate-Term) 55 Day: 69.37 Up Trend,
- (Long-Term) 100 Day: 62.22 Up Trend,
- (Long-Term) 200 Day: 60.47 Up Trend.
Additional Metrics
Recent Trade Signals
- 12 Mar 2026: Long CL 04-26 @ 96.74 Signals.USAR.TR120
- 11 Mar 2026: Short CL 04-26 @ 82.88 Signals.USAR.TR720
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have experienced a dramatic surge, with price action showing large, fast momentum bars and the last price at 97.09. All benchmark moving averages across short, intermediate, and long-term timeframes are in strong uptrends, confirming broad-based bullish momentum. The swing pivot structure is in an uptrend for both short and intermediate terms, with the most recent pivot high at 102.41 and the next significant support at 84.34, indicating a wide range for potential retracement. The Monthly and Yearly Session Fib Grids both show price well above their NTZ/F0% levels, reinforcing the intermediate and long-term bullish bias, while the Weekly grid is the only outlier, showing a short-term pullback or consolidation phase. Volatility (ATR) and volume (VOLMA) are elevated, consistent with breakout or trend acceleration conditions. Recent trade signals reflect both long and short entries, but the prevailing technical structure favors the upside. Overall, the market is in a strong bullish phase, with the potential for further upside, though short-term pullbacks or consolidations may occur as the market digests recent gains.
Chart Analysis ATS AI Generated: 2026-03-16 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.