CL Crude Oil Futures Weekly Chart Analysis: 2026-Apr-28 07:02 CT

Price Action

Last: 78.97,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 28%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Apr

Intermediate-Term
MSFG Current: 9%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 149%
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 78.97,
4. Pvt. Next: Pvt High 103.23,
5. Levels R: 110.70,
6. Levels S: 78.97, 72.47, 50.32, 45.57, 44.73, 42.94.

Weekly Benchmarks

(Short-Term) 5 Day: 94.99 Up Trend,
(Short-Term) 10 Day: 87.60 Up Trend,
(Intermediate-Term) 20 Day: 71.50 Up Trend,
(Intermediate-Term) 55 Day: 66.32 Up Trend,
(Long-Term) 100 Day: 60.70 Up Trend,
(Long-Term) 200 Day: 60.51 Up Trend.

Recent Trade Signals

28 Apr 2026: Long CL 06-26 @ 98.22 Signals.USAR-WSFG
20 Apr 2026: Long CL 06-26 @ 87.57 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful long-term up structure even after the sharp weekly reversal from the 110.70 pivot high back into the upper 70s. The current weekly swing has flipped to a short-term down trend, but the broader intermediate and long-term session fib grids remain firmly positive with price still holding above the yearly and monthly NTZ/F0% frameworks. The pivot map shows a completed high-to-low swing into 78.97, with the next major upside pivot still defined at 103.23 and overhead resistance at 110.70. Benchmarks are stacked in bullish order and all slope upward, showing the larger trend remains constructive despite the recent fast momentum pullback and large weekly range expansion. The tape reflects a volatility reset after a vertical rally, with the market now in a post-spike consolidation/retracement phase while maintaining a bullish higher-timeframe bias.