CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-06 07:01 CT
Price Action
- Last: 110.13,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -13%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 39%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 166%
- 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, 110.13,
- 6. Levels S: 94.77, 75.74, 73.87, 53.84, 48.00.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 99.38 Up Trend,
- (Intermediate-Term) 10 Week: 66.85 Up Trend,
- (Long-Term) 20 Week: 63.72 Up Trend,
- (Long-Term) 55 Week: 65.00 Up Trend,
- (Long-Term) 100 Week: 63.11 Up Trend,
- (Long-Term) 200 Week: 63.72 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 surging to 110.13 and large, fast momentum bars confirming strong buying interest. The short-term WSFG trend is technically down, but price has decisively broken above key intermediate and long-term levels, with all major moving averages now in strong uptrends. Swing pivots show an established uptrend in both short and intermediate timeframes, with resistance at 115.48 and 110.13, and support levels well below current price, indicating a significant move away from prior consolidation. Recent trade signals reflect both sides of volatility, but the most recent is a long entry, aligning with the prevailing bullish structure. The overall technical landscape suggests a powerful trend continuation, likely driven by a combination of macro news, supply-demand shifts, and possible seasonal factors. The market has transitioned from a prolonged consolidation to a breakout phase, with volatility elevated and momentum favoring further upside unless a sharp reversal emerges at resistance.
Chart Analysis ATS AI Generated: 2026-04-06 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.