CL Crude Oil Futures Daily Chart Analysis: 2026-Apr-24 07:01 CT

Price Action

• Last: 94.90,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 31%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 128%
• 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 Low 83.37,
• 4. Pvt. Next: Pvt High 114.36,
• 5. Levels R: 114.36, 98.33,
• 6. Levels S: 83.37, 78.64, 66.15.

Daily Benchmarks

• (Short-Term) 5 Day: 89.7 Up Trend,
• (Short-Term) 10 Day: 90.08 Up Trend,
• (Intermediate-Term) 20 Day: 88.33 Up Trend,
• (Intermediate-Term) 55 Day: 69.14 Up Trend,
• (Long-Term) 100 Day: 63.07 Up Trend,
• (Long-Term) 200 Day: 69.14 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 recently rebounded from a significant pullback, with price action showing medium-sized bars and average momentum. The short-term trend is bullish, supported by the WSFG trend and recent long trade signals, as well as all short-term and intermediate-term moving averages trending upward. The intermediate-term MSFG trend remains down, indicating some resistance to further upside in the monthly context, but the overall structure is supported by a strong long-term uptrend (YSFG and all long-term benchmarks). Swing pivots confirm a short-term uptrend with the next resistance at 98.33 and major resistance at 114.36, while support is established at 83.37 and 78.64. Volatility remains elevated (ATR 211), and volume is robust. The market appears to be in a recovery phase after a corrective move, with higher lows forming and a potential for further upside if resistance levels are challenged. The environment is constructive for swing traders favoring trend continuation, but the intermediate-term context suggests monitoring for possible consolidation or retracement.