CL Crude Oil Futures Weekly Chart Analysis: 2026-Mar-24 07:02 CT
Price Action
- Last: 90.40,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -48%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: 262%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 107%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 84.37,
- 4. Pvt. Next: Pvt high 101.45,
- 5. Levels R: 101.45,
- 6. Levels S: 84.37, 75.74, 73.53, 64.80, 46.21.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 83.96 Up Trend,
- (Intermediate-Term) 10 Week: 74.64 Up Trend,
- (Long-Term) 20 Week: 63.59 Up Trend,
- (Long-Term) 55 Week: 62.33 Up Trend,
- (Long-Term) 100 Week: 63.52 Up Trend,
- (Long-Term) 200 Week: 60.80 Up Trend.
Recent Trade Signals
- 23 Mar 2026: Short CL 05-26 @ 92.49 Signals.USAR.TR120
- 20 Mar 2026: Short CL 05-26 @ 96.56 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have experienced a sharp rally, with price momentum accelerating rapidly and large weekly bars pushing the contract to 90.40. Despite this surge, short-term technicals have shifted bearish, as indicated by the WSFG trend turning down and recent short trade signals. The current price sits below the short-term NTZ center, suggesting a pullback or correction phase after the recent spike. However, intermediate and long-term trends remain firmly bullish, supported by strong upward momentum in all major moving averages and the price holding well above key support levels. The swing pivot structure shows the next resistance at 101.45, with layered support below, indicating potential for volatility and wide price swings. The market is transitioning from a breakout phase into a possible consolidation or retracement, but the underlying trend bias remains upward for the medium and long term, with only short-term weakness evident.
Chart Analysis ATS AI Generated: 2026-03-24 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.