CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-09 07:02 CT
Price Action
- Last: 98.94,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -84%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: -23%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 131%
- 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, 98.47, 75.74, 73.53, 68.44,
- 6. Levels S: 61.05, 53.59.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 99.96 Up Trend,
- (Intermediate-Term) 10 Week: 98.28 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: 65.00 Up Trend.
Recent Trade Signals
- 08 Apr 2026: Short CL 05-26 @ 94.97 Signals.USAR.TR720
- 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 sharp and volatile move, with large weekly bars and fast momentum indicating heightened activity and volatility. The short-term trend has shifted bearish, as reflected by the WSFG and recent short trade signals, with price currently below the NTZ and F0% levels. Intermediate-term signals are mixed: while the MSFG trend is down and price is below the monthly NTZ, the swing pivot HiLo trend remains up, suggesting some underlying support or potential for a bounce. Long-term structure remains bullish, with the yearly session fib grid showing price well above the NTZ and all major moving averages trending upward. Key resistance is clustered near recent highs (113.97), while support is much lower (61.05, 53.59), highlighting the magnitude of the recent rally and subsequent pullback. The market is currently digesting a major move, with short-term pressure to the downside but longer-term bullish structure intact. This environment is characterized by volatility, possible retracement, and the potential for further swings as the market seeks equilibrium after a dramatic breakout and reversal.
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.