CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-23 07:01 CT

Price Action

• Last: 93.34,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 25%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 124%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 91.22,
• 4. Pvt. Next: Pvt Low 81.88,
• 5. Levels R: 114.36, 97.22, 93.34,
• 6. Levels S: 78.67, 68.72, 65.10, 54.10.

Daily Benchmarks

• (Short-Term) 5 Day: 88.76 Up Trend,
• (Short-Term) 10 Day: 90.30 Up Trend,
• (Intermediate-Term) 20 Day: 95.55 Down Trend,
• (Intermediate-Term) 55 Day: 85.72 Up Trend,
• (Long-Term) 100 Day: 68.72 Up Trend,
• (Long-Term) 200 Day: 62.89 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 23 Apr 2026: Long CL 06-26 @ 92.74 Signals.USAR-WSFG
• 20 Apr 2026: Long CL 06-26 @ 87.57 Signals.USAR.TR120

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Crude oil futures have rebounded sharply from recent lows, with large, fast momentum bars indicating strong buying interest. The short-term trend has flipped bullish, supported by both swing pivots and moving averages, and recent trade signals confirm renewed upside participation. However, the intermediate-term monthly grid remains in a downtrend, suggesting the market is still digesting the prior sell-off and could face resistance near the 95–97 zone. Long-term structure is robustly bullish, with price well above major moving averages and yearly fib grid levels. Volatility remains elevated (high ATR), and volume is healthy, supporting the current move. The market is in a recovery phase after a deep pullback, with potential for further upside if resistance levels are cleared, but intermediate-term consolidation or choppiness is possible as the market tests overhead supply.