CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-09 07:02 CT

Price Action

WSFG Weekly

MSFG Month Apr

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil futures have experienced a sharp and volatile sell-off, with large daily bars and fast momentum driving price decisively below both the weekly and monthly session fib grid NTZ zones, confirming a short-term and intermediate-term downtrend. The short-term swing pivot trend has shifted to down, with the most recent pivot low at 91.5 acting as immediate support, while resistance levels cluster above at 94.97, 96.52, 98.47, 107.78, and the major swing high at 117.63. Despite this recent weakness, the intermediate-term HiLo trend remains up, and all longer-term moving averages (20, 55, 100, 200 day) are still trending higher, reflecting a structurally bullish backdrop. The long-term YSFG trend is up, with price still well above annual NTZ levels. Recent trade signals have flipped to short on both short and intermediate timeframes, following a failed breakout attempt above 116.43. Volatility remains elevated (ATR 211), and volume is robust, suggesting active participation during this correction. The market is currently in a corrective phase within a broader uptrend, with the potential for further downside retests toward lower support if selling persists, but the longer-term trend context remains constructive.


Chart Analysis ATS AI Generated: 2026-04-09 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.