CL Crude Oil Futures Weekly Chart Analysis: 2026-May-15 07:01 CT

Price Action

• Last: 99.81,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 40%
• 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: 158%
• 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 108.69,
• 4. Pvt. Next: Pvt Low 78.25,
• 5. Levels R: 108.69,
• 6. Levels S: 74.73, 68.23, 46.08, 41.33, 40.49.

Weekly Benchmarks

• (Short-Term) 5 Day: 89.29 Up Trend,
• (Short-Term) 10 Day: 90.59 Up Trend,
• (Intermediate-Term) 20 Day: 71.90 Up Trend,
• (Intermediate-Term) 55 Day: 64.35 Up Trend,
• (Long-Term) 100 Day: 57.25 Up Trend,
• (Long-Term) 200 Day: 58.45 Up Trend.

Recent Trade Signals

• 14 May 2026: Short CL 07-26 @ 96.04 Signals.USAR-WSFG
• 11 May 2026: Long CL 06-26 @ 98.86 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful weekly expansion phase, with price surging to 99.81 after a sharp breakout from the 2026 base and a fast momentum lift through the upper session structure. The weekly swing framework remains in UTrend, with price holding well above the rising 20, 55, 100, and 200 week benchmarks, confirming trend continuity rather than a failed breakout. The yearly session fib grid is strongly constructive above F0%, while the monthly grid still reflects a pullback context versus its own centerline, showing that the rally is occurring inside a broader month-to-month corrective structure. Swing pivots show the major resistance at 108.69 and a ladder of support levels underneath, with the recent impulsive advance leaving a wide price gap between current trade and prior pivot supports. The chart reads like a high-volatility trend continuation after a deep recovery, with strong upward weekly pressure dominating the tape.