CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-19 18:01 CT
Price Action
- Last: 110.70,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -64%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: -67%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 108%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 5. Levels R: 110.70,
- 6. Levels S: 78.97, 72.47, 60.32, 54.73, 44.77.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 87.85 Up Trend,
- (Intermediate-Term) 10 Week: 78.02 Up Trend,
- (Long-Term) 20 Week: 69.62 Up Trend,
- (Long-Term) 55 Week: 65.33 Up Trend,
- (Long-Term) 100 Week: 60.46 Up Trend,
- (Long-Term) 200 Week: 53.08 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
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have experienced a dramatic surge, with price action showing large, fast momentum bars pushing to new highs at 110.70. Despite this, short-term and intermediate-term Fib grid trends (WSFG and MSFG) are both down, with price below their respective NTZ/F0% levels, indicating recent overextension and potential for retracement or consolidation. The short-term swing pivot trend is down, suggesting a corrective phase after the recent spike, while the intermediate-term HiLo trend remains up, reflecting underlying strength. Long-term yearly Fib grid and all major moving averages are in strong uptrends, confirming a robust bullish structure. Key resistance is at the current high (110.70), with multiple support levels below, notably at 78.97 and 72.47. Recent trade signals show both short and long entries, highlighting volatility and possible whipsaw conditions. Overall, the market is in a long-term bullish phase but is currently experiencing a short-term pullback or pause after a sharp rally, with potential for further volatility as the market digests recent gains.
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.