CL Crude Oil Futures Weekly Chart Analysis: 2026-May-04 07:02 CT
Price Action
- Last: 104.94,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 22%
- 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: 98.1 Up Trend,
- (Short-Term) 10 Day: 91.57 Up Trend,
- (Intermediate-Term) 20 Day: 73.96 Up Trend,
- (Intermediate-Term) 55 Day: 67.59 Up Trend,
- (Long-Term) 100 Day: 61.12 Up Trend,
- (Long-Term) 200 Day: 60.61 Up Trend.
Recent Trade Signals
- 04 May 2026: Short CL 06-26 @ 100.97 Signals.USAR-MSFG
- 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 sharp weekly expansion phase with price at 104.94, showing large bars and fast momentum after a powerful vertical rally from the low-80s area. The weekly and yearly session grids are both above their NTZ midlines and aligned to the upside, which keeps the short and long structures constructive. Swing pivot structure remains UTrend, with the active pivot sequence pressing into the 110.93 resistance area after clearing the 80s and 90s zones. The monthly session grid is still below its midpoint and reads down, reflecting a broader intermediate pullback regime even as price has recovered strongly. Benchmarks are stacked in rising alignment across the board, with price well above the 20, 55, 100, and 200-day references, reinforcing the dominant upward trend context. The recent signal sequence shows a mix of long and short triggers, highlighting a fast-moving market that has transitioned from consolidation into breakout and retracement behavior, with the current weekly posture strongest to the upside, the monthly posture still corrective, and the yearly posture firmly bullish.
Chart Analysis ATS AI Generated: 2026-05-04 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.