CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-05 18:01 CT
Price Action
- Last: 114.35,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: 54%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 59%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 176%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 5. Levels R: 115.48, 114.85,
- 6. Levels S: 94.37, 75.74, 73.87, 53.84, 48.00.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 99.38 Up Trend,
- (Intermediate-Term) 10 Week: 86.85 Up Trend,
- (Long-Term) 20 Week: 69.38 Up Trend,
- (Long-Term) 55 Week: 66.85 Up Trend,
- (Long-Term) 100 Week: 63.72 Up Trend,
- (Long-Term) 200 Week: 65.01 Up Trend.
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 experienced a dramatic breakout, with price action surging to 114.35 and large, fast momentum bars confirming strong buying interest. All major session Fib grid trends (weekly, monthly, yearly) are aligned to the upside, with price well above their respective NTZ/F0% levels, indicating robust bullish sentiment across all timeframes. Swing pivot analysis shows both short-term and intermediate-term trends in clear uptrends, with resistance now clustered just above current price (115.48, 114.85) and significant support levels far below, reflecting the magnitude of the recent rally. All benchmark moving averages from short to long term are trending upward, further reinforcing the strength of the move. Recent trade signals show a mix of short and long entries, but the most recent is a long, in line with the prevailing trend. The overall technical structure suggests a strong, impulsive move higher, likely driven by a combination of fundamental catalysts, technical breakout, and possible short covering. The market is in a clear trending phase, with volatility elevated and little immediate overhead resistance, though the distance to support highlights the risk of sharp retracements if momentum fades.
Chart Analysis ATS AI Generated: 2026-04-05 18:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.