CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-12 18:01 CT

Price Action

• Last: 104.50,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -65%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 9%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 149%
• 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 104.15,
• 4. Pvt. Next: Pvt High 117.63,
• 5. Levels R: 117.63, 109.60, 108.92, 106.40,
• 6. Levels S: 104.15, 96.52, 89.50, 83.77.

Daily Benchmarks

• (Short-Term) 5 Day: 102.84 Down Trend,
• (Short-Term) 10 Day: 104.02 Down Trend,
• (Intermediate-Term) 20 Day: 108.86 Down Trend,
• (Intermediate-Term) 55 Day: 85.95 Up Trend,
• (Long-Term) 100 Day: 69.19 Up Trend,
• (Long-Term) 200 Day: 64.94 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 09 Apr 2026: Short CL 05-26 @ 99.13 Signals.USAR-MSFG
• 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

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

Crude oil futures have experienced a sharp pullback from recent highs, with fast momentum and large daily bars indicating heightened volatility and strong directional moves. The short-term trend has shifted to bearish, as confirmed by the downward direction of the 5, 10, and 20-day moving averages and the current swing pivot trend. However, the intermediate and long-term outlooks remain bullish, supported by the uptrend in the 55, 100, and 200-day moving averages and the positive MSFG and YSFG trends. The market is currently testing a key support pivot at 104.15, with resistance levels overhead at 109.60 and 117.63. Recent trade signals have favored the short side, reflecting the current retracement phase within a broader uptrend. The environment is characterized by high volatility (ATR 211) and robust volume, suggesting active participation and potential for further large moves. The overall structure points to a corrective phase within a longer-term bullish cycle, with the potential for either further downside testing of support or a resumption of the uptrend if buyers step in at key levels.