CL Crude Oil Futures Daily Chart Analysis: 2026-May-21 07:01 CT

Price Action

• Last: 101.4,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -8%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 160%
• 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 93.87,
• 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: 100.95 Up Trend,
• (Short-Term) 10 Day: 97.5 Up Trend,
• (Intermediate-Term) 20 Day: 90.84 Up Trend,
• (Intermediate-Term) 55 Day: 88.2 Up Trend,
• (Long-Term) 100 Day: 70.9 Up Trend,
• (Long-Term) 200 Day: 62.75 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 20 May 2026: Short CL 07-26 @ 98.3 Signals.USAR-MSFG
• 20 May 2026: Short CL 07-26 @ 99.23 Signals.USAR.TR120
• 20 May 2026: Short CL 07-26 @ 99.23 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil remains in a broad uptrend on the higher-timeframe benchmark structure, with all daily moving averages stacked positively and price still holding well above the 20, 55, 100, and 200 day references. At the same time, the weekly and monthly session fib grids are below their F0/NTZ centers, which keeps the short-term and intermediate-term swing structure biased lower even after the sharp rally from the early-May pivot low. The chart shows a strong impulse advance into the 105 area followed by a pullback and a retest attempt, with several inside-bar style pauses and rapid swings reflecting elevated volatility and fast momentum. The swing pivot map is still anchored by the prior high at 105.21, while the next major downside pivot reference sits at 93.87, defining the current range between recent resistance and the latest lower pivot sequence. Overall, the tape is extended but still technically constructive on the long side over the larger trend, while the shorter swing layers have rolled over and are showing corrective pressure beneath the session fib midlines.