CL Crude Oil Futures Daily Chart Analysis: 2026-May-22 07:01 CT
Price Action
- Last: 98.50,
- Bars: Medium,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: -30%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -15%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 150%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 105.21,
- 4. Pvt. Next: Pvt Low 94.35,
- 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: 100.83 Down Trend,
- (Short-Term) 10 Day: 98.08 Down Trend,
- (Intermediate-Term) 20 Day: 97.08 Down Trend,
- (Intermediate-Term) 55 Day: 88.49 Up Trend,
- (Long-Term) 100 Day: 70.28 Up Trend,
- (Long-Term) 200 Day: 62.98 Up Trend.
Additional Metrics
Recent Trade Signals
- 22 May 2026: Short CL 07-26 @ 98.5 Signals.USAR-WSFG
- 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.TR720
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil is trading in a corrective daily phase after failing near the 105.21 swing high and then rotating back into the 98 area. Short-term structure remains pressured with price below the weekly and monthly fib grids, while the pivot framework still shows a short-term uptrend that has not yet fully reversed into a broader intermediate downtrend. The benchmark stack is mixed to bearish in the near term, with price below the 5-, 10-, and 20-day averages, but the 55-, 100-, and 200-day trends remain rising, preserving the larger bullish backdrop. Recent short signals align with the rejection from the upper range and the pullback from the May high, leaving the chart in a consolidation-to-corrective posture rather than a clean trend breakout. The long-term cycle remains constructive, but the current daily tape is dominated by lower highs, retracement behavior, and failed pushes into resistance.
Chart Analysis ATS AI Generated: 2026-05-22 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.