CL Crude Oil Futures Weekly Chart Analysis: 2026-May-20 07:01 CT

Price Action

• Last: 106.70,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 166%
• 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: 91.83 Up Trend,
• (Short-Term) 10 Day: 92.46 Up Trend,
• (Intermediate-Term) 20 Day: 74.56 Up Trend,
• (Intermediate-Term) 55 Day: 65.66 Up Trend,
• (Long-Term) 100 Day: 57.69 Up Trend,
• (Long-Term) 200 Day: 56.62 Up Trend.

Recent Trade Signals

• 20 May 2026: Long CL 07-26 @ 103.88 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Weekly crude oil is in a strong upside expansion phase, with price pressing into the upper end of the yearly session fib structure after a sharp vertical breakout from the 70s. The swing pivot model remains in UTrend on both the short and intermediate views, while the higher-timeframe benchmark stack is broadly aligned in bullish order and rising. The chart shows a powerful recovery from the prior multi-month consolidation zone, with recent candles extending well above the 20, 55, 100, and 200 week benchmarks. The year 2026 fib grid is firmly above its centerline, reinforcing a constructive long-term trend, and the recent signal reflects that breakout continuation theme.