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

Price Action

• Last: 109.40,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 32%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 37%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 164%
• 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 109.40,
• 4. Pvt. Next: Pvt Low 95.12,
• 5. Levels R: 109.40, 104.98, 101.12, 99.62, 97.46, 95.12,
• 6. Levels S: 68.42, 66.41, 63.78.

Daily Benchmarks

• (Short-Term) 5 Day: 105.91 Up Trend,
• (Short-Term) 10 Day: 98.31 Up Trend,
• (Intermediate-Term) 20 Day: 93.57 Up Trend,
• (Intermediate-Term) 55 Day: 78.87 Up Trend,
• (Long-Term) 100 Day: 66.41 Up Trend,
• (Long-Term) 200 Day: 63.78 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 02 Apr 2026: Long CL 05-26 @ 104.7 Signals.USAR.TR120
• 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR-MSFG
• 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil futures have demonstrated a strong and accelerating uptrend across all timeframes, with price action breaking decisively above key resistance levels and all major moving averages trending upward. The most recent swing pivot marks a new high at 109.40, confirming bullish momentum, while support levels remain well below current price, indicating a significant buffer before any potential reversal. The ATR and volume metrics suggest heightened volatility and active participation, typical of a trending and possibly news-driven environment. Recent trade signals reflect both trend continuation and short-term countertrend attempts, but the prevailing direction remains upward. The technical landscape is characterized by higher highs, strong follow-through, and a lack of immediate overhead resistance, supporting the view of a robust bullish phase in crude oil futures.