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

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil remains in a powerful higher-timeframe uptrend after a dramatic expansion from the mid-40s to the 100s, with the yearly and monthly fib grids both still positioned above their F0% centers. The weekly structure is constructive, as swing pivots remain in UTrend and the hi/lo pivot trend is also positive, while the broader benchmark stack keeps the 20, 55, 100, and 200-day averages trending higher. Price has pulled back from the recent spike highs near 106.69/108.69 and is now consolidating in the low 90s, which reflects digestion after a steep rally rather than a trend break. The latest bar behavior suggests a volatile but still upward-biased market, with nearby resistance marked at the recent highs and layered support beneath the market from prior pivot and fib levels.


Chart Analysis ATS AI Generated: 2026-06-01 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.