CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-01 07:02 CT

Price Action

• Last: 98.54,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -17%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -23%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 131%
• 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 108.89,
• 4. Pvt. Next: Pvt Low 80.20,
• 5. Levels R: 108.89, 105.20, 101.18,
• 6. Levels S: 80.20, 69.42, 66.09, 62.96, 59.42, 54.46.

Daily Benchmarks

• (Short-Term) 5 Day: 97.74 Up Trend,
• (Short-Term) 10 Day: 94.84 Up Trend,
• (Intermediate-Term) 20 Day: 92.25 Up Trend,
• (Intermediate-Term) 55 Day: 78.08 Up Trend,
• (Long-Term) 100 Day: 65.99 Up Trend,
• (Long-Term) 200 Day: 63.57 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR-WSFG
• 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR-MSFG
• 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Crude oil futures have experienced a strong rally, with price action showing large, fast momentum bars, but recent sessions indicate a potential short-term and intermediate-term pullback or correction. Both the weekly and monthly session fib grids (WSFG and MSFG) show price below their respective NTZ centers and trending down, suggesting a bearish bias for swing traders in the near term. However, the long-term yearly fib grid (YSFG) remains strongly bullish, with price well above the annual NTZ and all major moving averages trending up. Swing pivots confirm an uptrend in both short- and intermediate-term metrics, but the most recent pivot is a high, with the next key support at 80.20. Recent trade signals have triggered short entries, aligning with the short- and intermediate-term bearish fib grid trends. Volatility remains elevated (ATR 211), and volume is robust. Overall, the market is in a corrective phase within a larger bullish trend, with potential for further downside in the short to intermediate term before any resumption of the broader uptrend.