CL Crude Oil Futures Daily Chart Analysis: 2026-May-19 07:02 CT

Price Action

• Last: 105.21,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 11%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 170%
• 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 105.21,
• 4. Pvt. Next: Pvt Low 92.53,
• 5. Levels R: 110.12, 106.69, 105.21,
• 6. Levels S: 84.42, 74.73, 72.69, 61.91, 52.45.

Daily Benchmarks

• (Short-Term) 5 Day: 99.41 Up Trend,
• (Short-Term) 10 Day: 98.15 Up Trend,
• (Intermediate-Term) 20 Day: 95.43 Up Trend,
• (Intermediate-Term) 55 Day: 87.23 Up Trend,
• (Long-Term) 100 Day: 73.02 Up Trend,
• (Long-Term) 200 Day: 62.3 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 19 May 2026: Long CL 07-26 @ 103.71 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil remains in a strong multi-timeframe uptrend, with price holding above the weekly, monthly, and yearly Fib grid centerlines and trading well above all benchmark moving averages. The recent daily structure shows a resumed rally from the April swing low, then a push back toward the prior pivot high at 105.21 and the upper resistance band near 106.69, with the next major resistance at 110.12. Short-term swing pivots remain constructive, and the sequence of higher lows supports trend continuation rather than distribution. The chart also shows a strong impulse-retracement-impulse pattern, with inside-bar clusters during pauses and a breakout recovery back toward the highs, keeping the broader structure bullish across short, intermediate, and long horizons.