CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-12 18:01 CT
Price Action
- Last: 104.21,
- 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 01.05,
- 4. Pvt. Next: Pvt high 110.97,
- 5. Levels R: 110.97,
- 6. Levels S: 75.46, 61.05, 54.87, 45.73, 53.54, 47.84.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 71.38 Up Trend,
- (Intermediate-Term) 10 Week: 70.00 Up Trend,
- (Long-Term) 20 Week: 63.72 Up Trend,
- (Long-Term) 55 Week: 67.91 Up Trend,
- (Long-Term) 100 Week: 63.72 Up Trend,
- (Long-Term) 200 Week: 63.63 Up Trend.
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
The weekly chart for CL Crude Oil Futures shows a dramatic surge in price action, with large bars and fast momentum indicating heightened volatility and strong directional moves. Short-term metrics, including the WSFG trend and swing pivot direction, point to a bearish retracement or pullback after a recent spike, as confirmed by several short trade signals. However, intermediate and long-term trends remain bullish, supported by upward-sloping moving averages and positive MSFG and YSFG readings. The market recently broke out above key resistance levels, with the next major resistance at 110.97 and multiple support levels below, suggesting a wide trading range. The overall structure reflects a market in transition: short-term corrective action within a broader bullish trend, possibly following a news-driven rally or seasonal catalyst. Swing traders may observe continued volatility, with potential for further pullbacks before the longer-term uptrend resumes.
Chart Analysis ATS AI Generated: 2026-04-12 18:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.