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

Price Action

• Last: 103.71,
• 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 108.69,
• 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: 91.63 Up Trend,
• (Short-Term) 10 Day: 92.46 Up Trend,
• (Intermediate-Term) 20 Day: 74.75 Up Trend,
• (Intermediate-Term) 55 Day: 65.84 Up Trend,
• (Long-Term) 100 Day: 57.69 Up Trend,
• (Long-Term) 200 Day: 56.62 Up Trend.

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 weekly structure is in a strong upside expansion phase, with price trading well above the WSFG, MSFG, and YSFG reference zones and all benchmark moving averages aligned in upward trends. The swing pivot structure remains firmly UTrend on both short-term and intermediate-term measures, while the latest impulse has pushed price into the upper part of the yearly range after a sharp vertical rally from the mid-70s. This leaves the chart in a breakout-and-extension posture, with prior resistance levels now acting as layered support beneath price and the main overhead pivot marked at 108.69. The broader pattern shows a strong trend continuation after a long base-to-breakout sequence, with momentum and bar expansion confirming the force of the move.