CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-20 07:01 CT
Price Action
- Last: 87.44,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: -5%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: -72%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 105%
- 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 87.44,
- 4. Pvt. Next: Pvt high 99.48,
- 5. Levels R: 99.48, 114.36, 86.39,
- 6. Levels S: 81.91, 66.15, 55.19.
Daily Benchmarks
- (Short-Term) 5 Day: 88.12 Down Trend,
- (Short-Term) 10 Day: 94.35 Down Trend,
- (Intermediate-Term) 20 Day: 97.44 Down Trend,
- (Intermediate-Term) 55 Day: 91.04 Down Trend,
- (Long-Term) 100 Day: 67.63 Up Trend,
- (Long-Term) 200 Day: 62.40 Up Trend.
Additional Metrics
Recent Trade Signals
- 20 Apr 2026: Long CL 06-26 @ 87.57 Signals.USAR.TR120
- 13 Apr 2026: Short CL 05-26 @ 99.48 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil futures have experienced a sharp pullback from recent highs, with price action now consolidating below key moving averages and the monthly/weekly session fib grids. The short-term and intermediate-term trends are both down, as confirmed by the swing pivot DTrend, lower highs, and the alignment of all short and intermediate moving averages in a downtrend. The most recent swing pivot has established a new low at 87.44, with resistance overhead at 99.48 and 114.36, and support levels at 81.91 and 66.15. Despite the current bearish momentum, the long-term trend remains up, as indicated by the 100-day and 200-day moving averages and the yearly session fib grid. Volatility remains moderate, and volume is steady but not elevated. The market is in a corrective phase within a broader uptrend, with recent trade signals reflecting both sides of the market as price seeks direction after a significant sell-off. This environment suggests a period of consolidation or potential base-building before the next major directional move.
Chart Analysis ATS AI Generated: 2026-04-20 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.