CL Crude Oil Futures Weekly Chart Analysis: 2026-Mar-16 07:03 CT
Price Action
- Last: 97.20,
- 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 102.44,
- 4. Pvt. Next: Pvt Low 59.04,
- 5. Levels R: 102.44, 100.02, 92.61,
- 6. Levels S: 76.13, 64.83, 59.04, 54.58, 47.20.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 81.91 Up Trend,
- (Intermediate-Term) 10 Week: 73.72 Up Trend,
- (Long-Term) 20 Week: 63.71 Up Trend,
- (Long-Term) 55 Week: 65.84 Up Trend,
- (Long-Term) 100 Week: 63.01 Up Trend,
- (Long-Term) 200 Week: 64.51 Up Trend.
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 bars and fast momentum, indicating a strong breakout from prior consolidation. The short-term WSFG trend is technically down, but price has decisively moved above key intermediate and long-term levels, supported by a strong uptrend in all benchmark moving averages. Swing pivots confirm an uptrend in both short and intermediate terms, with the most recent pivot high at 102.44 acting as immediate resistance and multiple support levels below. The recent trade signals reflect a rapid shift from short to long, aligning with the explosive upward move. Overall, the market is in a bullish phase across all timeframes, with the potential for volatility and further upside as price tests major resistance levels. This environment is characterized by a possible trend continuation, with the market breaking out of a prolonged range and entering a new bullish cycle.
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.