CL Crude Oil Futures Weekly Chart Analysis: 2026-May-01 07:02 CT

Price Action

• Last: 104.39,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 42%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 157%
• 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 110.93,
• 4. Pvt. Next: Pvt Low 80.49,
• 5. Levels R: 110.93,
• 6. Levels S: 78.97, 72.47, 50.32, 45.57, 44.73.

Weekly Benchmarks

• (Short-Term) 5 Day: 94.99 Down Trend,
• (Short-Term) 10 Day: 87.60 Down Trend,
• (Intermediate-Term) 20 Day: 71.50 Up Trend,
• (Intermediate-Term) 55 Day: 68.32 Up Trend,
• (Long-Term) 100 Day: 60.70 Up Trend,
• (Long-Term) 200 Day: 60.51 Up Trend.

Recent Trade Signals

• 30 Apr 2026: Short CL 06-26 @ 104.1 Signals.USAR.TR120
• 29 Apr 2026: Long CL 06-26 @ 106.8 Signals.USAR.TR720
• 29 Apr 2026: Long CL 06-26 @ 99.58 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful weekly upside expansion, with price at 104.39 sitting well above the yearly NTZ/F0% midpoint and pressing into the upper end of the 2026 yearly range after a sharp vertical rally. The short-term structure is constructive, with weekly pivot trend and HiLo trend both aligned higher and the WSFG reading positive, even though the daily/short benchmark averages remain below price and still reflect the prior swing acceleration. Intermediate-term, the monthly fib grid remains below its midpoint and the short benchmarks are still in a transition zone, which keeps the monthly profile softer than the weekly and yearly tone. The long-term backdrop is firmly bullish: yearly session fib remains well above F0%, major pivot structure is up, and the higher-timeframe moving averages are stacked beneath price in rising alignment. Recent signals show a mixed but momentum-rich tape, with both long and short prints appearing around the breakout/reversal zone, consistent with a volatile trend-extension phase.