CL Crude Oil Futures Weekly Chart Analysis: 2026-May-18 07:02 CT
Price Action
- Last: 106.69,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -6%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -1%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 161%
- 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 106.69,
- 4. Pvt. Next: Pvt Low 76.25,
- 5. Levels R: 108.69,
- 6. Levels S: 74.73, 68.23, 46.08, 41.33, 40.49.
Weekly Benchmarks
- (Short-Term) 5 Day: 91.68 Up Trend,
- (Short-Term) 10 Day: 92.46 Up Trend,
- (Intermediate-Term) 20 Day: 74.56 Up Trend,
- (Intermediate-Term) 55 Day: 65.86 Up Trend,
- (Long-Term) 100 Day: 57.69 Up Trend,
- (Long-Term) 200 Day: 56.62 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: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil is in a powerful weekly expansion phase, with the latest price pushed to 106.69 after a steep vertical rally from the mid-70s area. The swing structure remains in UTrend, and the Hi/Lo pivot framework also stays bullish, confirming that the dominant tape is still up despite the weekly and monthly fib grids sitting below price and printing downtrends in their respective NTZ zones. The move has carried price well above all benchmark moving averages, with every listed MA in Up Trend alignment, which reinforces the larger trend strength and the speed of the advance. Recent trade signals show a mixed transition from a short setup into a prior long signal, matching the current two-sided volatility after the breakout surge. From a swing trader’s viewpoint, the chart shows a strong long-term trend with short-term consolidation and overlap near the highs, while the structure remains anchored by rising support levels and a clear higher-high continuation pattern.
Chart Analysis ATS AI Generated: 2026-05-18 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.