CL Crude Oil Futures Weekly Chart Analysis: 2026-May-22 07:01 CT
Price Action
- Last: 106.69,
- Bars: Large,
- Mom: fast.
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: UTrend,
- 3. Pvt. Evolve: Pvt High 106.69,
- 4. Pvt. Next: Pvt Low 76.25,
- 5. Levels R: 106.69,
- 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: 74.56 Up Trend,
- (Intermediate-Term) 55 Day: 65.68 Up Trend,
- (Long-Term) 100 Day: 57.69 Up Trend,
- (Long-Term) 200 Day: 56.62 Up Trend.
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
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil is in a powerful upside expansion on the weekly chart, with a fast momentum surge that has pushed price well above all benchmark moving averages and into the upper yearly session structure. Short-term swing pivots remain in UTrend, and the HiLo structure is also bullish, confirming a sustained trend continuation rather than a simple one-week spike. The weekly and monthly session fib grids still show price above the yearly bias but below the nearer-term NTZ references, reflecting a market that has already advanced sharply and is now digesting gains near prior pivot highs. The recent signal cluster shows a sequence of short-side setups being triggered into the breakout leg, which highlights how quickly the market has repriced from the prior consolidation zone. Overall, the chart reflects a strong trend regime with large-range candles, rising benchmarks, and bullish pivot alignment across the intermediate and long-term structure.
Chart Analysis ATS AI Generated: 2026-05-22 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.