CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-23 07:01 CT
Price Action
- Last: 93.57,
- Bars: Large,
- Mom: Momentum 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 78.07,
- 4. Pvt. Next: Pvt high 110.23,
- 5. Levels R: 110.70,
- 6. Levels S: 78.07, 74.77, 70.32, 54.57, 44.75.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 69.55 Up Trend,
- (Intermediate-Term) 10 Week: 65.28 Up Trend,
- (Long-Term) 20 Week: 69.55 Up Trend,
- (Long-Term) 55 Week: 60.45 Up Trend,
- (Long-Term) 100 Week: 60.63 Up Trend,
- (Long-Term) 200 Week: 50.94 Up Trend.
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 experienced a sharp rally, with price action showing large bars and fast momentum, indicating heightened volatility and strong directional conviction. The short-term trend is bullish, supported by the WSFG trend and recent long trade signals, as price remains above the NTZ center and key moving averages. Intermediate-term signals are mixed: while the monthly session fib grid trend is down and price is below the monthly NTZ, the HiLo swing pivot trend is up, suggesting a possible transition or consolidation phase. Long-term outlook is firmly bullish, with the yearly fib grid trend up and all major moving averages trending higher, reflecting sustained strength. Key resistance is at 110.70, with multiple support levels below, the nearest being 78.07. The market appears to be in a breakout phase following a prolonged consolidation, with potential for further upside if momentum persists, though some retracement or consolidation could occur after such a rapid move. The overall structure suggests a strong uptrend with possible short-term pullbacks as the market digests recent gains.
Chart Analysis ATS AI Generated: 2026-04-23 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.