CL Crude Oil Futures Weekly Chart Analysis: 2026-May-29 07:01 CT

Price Action

• Last: 87.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -50%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -57%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 120%
• 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 Down Trend,
• (Short-Term) 10 Day: 93.09 Down Trend,
• (Intermediate-Term) 20 Day: 76.96 Up Trend,
• (Intermediate-Term) 55 Day: 68.74 Up Trend,
• (Long-Term) 100 Day: 58.08 Up Trend,
• (Long-Term) 200 Day: 56.78 Up Trend.

Recent Trade Signals

• 27 May 2026: Short CL 07-26 @ 91.54 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

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful weekly rebound after a deep spring selloff, with price pushing sharply higher from the mid-40s into the high-80s and printing large expansion bars. The short-term session structure remains bearish on both WSFG and MSFG, reflecting price still below the respective F0/NTZ centers despite the vertical recovery. Swing pivot structure has flipped to UTrend on both the pivot and HiLo readouts, showing that the recent thrust has changed the short-term swing sequence from lower lows into a recovery leg. The benchmark stack is mixed but improving: the 5-day and 10-day averages are still downward-sloping, while the 20-day through 200-day benchmarks are rising, which supports a longer-cycle uptrend emerging beneath the current retracement. The yearly session grid remains firmly constructive, with price above the annual midpoint and the long-term framework still aligned to the upside. Recent short signals across WSFG, TR720, and MSFG emphasize that the current move has been a strong countertrend recovery inside a broader volatile cycle, with key overhead reference at 108.69 and layered support marked at 74.73, 68.23, 46.08, 41.33, and 40.49.