CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-08 07:02 CT
Price Action
- Last: 93.47,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -94%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: -54%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 114%
- 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 61.05,
- 4. Pvt. Next: Pvt high 113.97,
- 5. Levels R: 113.97,
- 6. Levels S: 61.05, 84.17, 75.74, 53.59, 48.84.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 96.96 Down Trend,
- (Intermediate-Term) 10 Week: 86.25 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: 63.11 Up Trend.
Recent Trade Signals
- 08 Apr 2026: Short CL 05-26 @ 96.52 Signals.USAR.TR120
- 07 Apr 2026: Long CL 05-26 @ 116.43 Signals.USAR-WSFG
- 01 Apr 2026: Short CL 05-26 @ 98.78 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have experienced a period of high volatility, with large weekly bars and fast momentum indicating aggressive price swings. The short-term trend has shifted bearish, as confirmed by the WSFG and recent short trade signals, with price now trading below the NTZ and key short-term moving averages turning down. Intermediate-term signals are mixed: while the monthly grid is still trending down, the HiLo swing trend remains up, and the 10-week MA is rising, suggesting a possible transition or consolidation phase. Long-term structure remains bullish, with price well above all major long-term moving averages and the yearly session grid showing a strong uptrend. Key support levels are clustered between 61 and 85, while resistance is defined at the recent swing high near 114. The market appears to be in a corrective pullback within a broader uptrend, following a sharp rally and subsequent rejection from highs. This environment is characterized by heightened volatility, potential for further retracement, and the need to monitor for signs of stabilization or renewed upside momentum.
Chart Analysis ATS AI Generated: 2026-04-08 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.