CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-17 07:01 CT

Price Action

• Last: 87.80,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -63%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -68%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 107%
• 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 83.00,
• 4. Pvt. Next: Pvt high 110.70,
• 5. Levels R: 110.70,
• 6. Levels S: 83.00, 81.40, 72.47, 50.37, 46.57.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 88.11 Up Trend,
• (Intermediate-Term) 10 Week: 64.64 Up Trend,
• (Long-Term) 20 Week: 68.11 Up Trend,
• (Long-Term) 55 Week: 64.44 Up Trend,
• (Long-Term) 100 Week: 60.45 Up Trend,
• (Long-Term) 200 Week: 60.45 Up Trend.

Recent Trade Signals

• 13 Apr 2026: Short CL 05-26 @ 99.48 Signals.USAR-WSFG
• 13 Apr 2026: Long CL 05-26 @ 104.3 Signals.USAR.TR120
• 09 Apr 2026: Short CL 05-26 @ 99.13 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 significant price swings. The short-term and intermediate-term session fib grid trends are both down, with price currently below their respective NTZ/F0% levels, reflecting recent bearish pressure and a corrective phase after a sharp rally. However, the long-term yearly trend remains firmly up, with price well above the yearly NTZ/F0% and all major moving averages trending higher, suggesting the broader bull trend is intact. Swing pivots show a short-term downtrend but an intermediate-term uptrend, with the most recent pivot low at 83.00 acting as key support and the next major resistance at 110.70. Multiple support levels below current price could provide stabilization zones if selling persists. Recent trade signals reflect mixed short-term action, with both long and short entries triggered in a volatile environment. Overall, the market is in a corrective pullback within a larger uptrend, with short-term bearishness, intermediate-term neutrality, and long-term bullishness. This phase may represent a consolidation or retracement after a strong rally, with traders watching for signs of stabilization at support or a renewed push toward resistance.