CL Crude Oil Futures Weekly Chart Analysis: 2026-May-05 07:02 CT
Price Action
- Last: 103.98,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 20%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: -7%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 156%
- 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: 96.10 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: 60.61 Up Trend,
- (Long-Term) 200 Day: 60.61 Up Trend.
Recent Trade Signals
- 05 May 2026: Long CL 06-26 @ 104.29 Signals.USAR-WSFG
- 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
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil is in a powerful weekly recovery sequence, with price pressing 103.98 after a large, fast upside expansion from the low-80s and then the upper-70s pivot zone. The weekly session grid is positive and price remains above the NTZ midpoint, which keeps the short-term structure constructive. The monthly grid is still below its midpoint and reads as a countertrend pullback phase, so the intermediate backdrop is less aligned than the weekly action. The yearly grid is firmly positive, showing that the broader trend remains upward despite the recent monthly weakness. Swing pivot structure is supportive of the rally, with an active UTrend and a major pivot high at 110.93 in play above, while the pivot low sequence underneath marks the key layered support zones. Moving averages are stacked in bullish fashion across the full weekly benchmark set, confirming trend strength and a strong vertical rebound from prior consolidation. The recent signal sequence shows alternating short and long triggers, with the latest weekly session signal turning long, consistent with the current upside momentum and continuation tone.
Chart Analysis ATS AI Generated: 2026-05-05 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.