CL Crude Oil Futures Weekly Chart Analysis: 2026-May-26 07:02 CT

Price Action

Last: 92.37,
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: -35%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 136%
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 78.25,
5. Levels R: 108.69,
6. Levels S: 74.73, 68.23, 46.08, 41.33, 40.49.

Weekly Benchmarks

(Short-Term) 5 Day: 95.33 Up Trend,
(Short-Term) 10 Day: 93.09 Up Trend,
(Intermediate-Term) 20 Day: 76.95 Up Trend,
(Intermediate-Term) 55 Day: 68.76 Up Trend,
(Long-Term) 100 Day: 58.06 Up Trend,
(Long-Term) 200 Day: 56.78 Up Trend.

Recent Trade Signals

26 May 2026: Short CL 07-26 @ 91.66 Signals.USAR-WSFG
25 May 2026: Short CL 07-26 @ 91.01 Signals.USAR.TR720
22 May 2026: Short CL 07-26 @ 97.55 Signals.USAR-MSFG
20 May 2026: Short CL 07-26 @ 99.23 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful long-term uptrend, confirmed by the yearly session grid, the bullish swing-pivot structure, and all benchmark moving averages rising in alignment. Even so, the weekly and May session fib grids are both below their midpoint, showing a corrective phase inside the larger advance. Price has expanded sharply back above the 20, 55, 100, and 200-day benchmarks, which reflects a strong recovery from the spring selloff and a fast momentum reversal. The recent signal stack is dominated by short entries across short, intermediate, and longer swing horizons, matching the weaker weekly and monthly grid posture. Overall, the chart shows a larger bullish cycle with a fresh, fast rebound, while the near-term structure remains driven by a bearish retracement within that broader uptrend.