CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-19 18:01 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 sell-off from recent highs, with price action showing large, fast-moving bars to the downside. The short-term trend is decisively bearish, confirmed by both the WSFG and MSFG readings, as well as all short and intermediate-term moving averages trending down. The most recent swing pivot is a new low at 87.07, with resistance levels stacked above at 93.68, 96.15, 99.37, and the major high at 114.36. Support below is sparse until 66.15 and 62.40, suggesting the market could remain volatile if selling persists. Intermediate-term structure is mixed, with the HiLo trend still up, indicating the broader uptrend is not yet fully broken. Long-term metrics remain bullish, with price well above the 100 and 200-day moving averages, and the yearly session fib grid still in an uptrend. Recent trade signals show both long and short entries, reflecting the choppy, high-volatility environment. Overall, the market is in a corrective phase within a larger uptrend, with short-term momentum favoring the bears, but longer-term structure still supportive of higher prices if a base forms above key support.


Chart Analysis ATS AI Generated: 2026-04-19 18:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.