CL Crude Oil Futures Daily Chart Analysis: 2026-May-11 07:01 CT

Price Action

• Last: 97.93,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

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

YSFG Year 2026

• Long-Term
• YSFG Current: 138%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 88.66,
• 4. Pvt. Next: Pvt High 101.70,
• 5. Levels R: 114.36, 110.93,
• 6. Levels S: 88.66, 78.97, 76.93, 68.15, 56.69.

Daily Benchmarks

• (Short-Term) 5 Day: 98.8 Down Trend,
• (Short-Term) 10 Day: 100.42 Down Trend,
• (Intermediate-Term) 20 Day: 95.5 Up Trend,
• (Intermediate-Term) 55 Day: 88.68 Up Trend,
• (Long-Term) 100 Day: 74.18 Up Trend,
• (Long-Term) 200 Day: 65.29 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 11 May 2026: Long CL 06-26 @ 99.81 Signals.USAR-WSFG
• 11 May 2026: Long CL 06-26 @ 98.86 Signals.USAR.TR120
• 06 May 2026: Short CL 06-26 @ 100.3 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Crude oil is trading in a sharp two-way daily swing structure with a still-intact broader bullish secular backdrop, but the near-term tape is softer. Price is sitting below the weekly and monthly fib grid midlines, with both WSFG and MSFG trending down, while the pivot structure is also in DTrend and the HiLo trend remains DTrend. That keeps the short and intermediate posture defensive and centered on lower-high behavior after the failed push toward the 110.93 to 114.36 resistance zone. At the same time, price remains above the 100-day and 200-day benchmarks, preserving the long-term uptrend framework. The chart is showing a volatile retracement phase inside a larger advance, with recent inside-bar compression and sharp impulse legs indicating active swing rotation rather than a clean trend extension. The key technical map is the 88.66 pivot low area below and the 101.70 pivot high above, with the 95.50 region acting as an important benchmark reference near the 20-day area.