CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-03 07:01 CT

Price Action

• Last: 95.58,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 61%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: 21%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 145%
• 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 76.25,
• 5. Levels R: 108.69,
• 6. Levels S: 74.73, 68.23, 46.08, 41.33, 40.49.

Weekly Benchmarks

• (Short-Term) 5 Day: 94.77 Up Trend,
• (Short-Term) 10 Day: 92.76 Up Trend,
• (Intermediate-Term) 20 Day: 78.81 Up Trend,
• (Intermediate-Term) 55 Day: 67.50 Up Trend,
• (Long-Term) 100 Day: 58.33 Up Trend,
• (Long-Term) 200 Day: 56.84 Up Trend.

Recent Trade Signals

• 03 Jun 2026: Long CL 07-26 @ 95.58 Signals.USAR-MSFG
• 01 Jun 2026: Long CL 07-26 @ 94.17 Signals.USAR.TR120
• 01 Jun 2026: Long CL 07-26 @ 89.73 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil is in a strong weekly upside expansion, with price holding well above the weekly, monthly, and yearly Fib grid midpoints and pressing into the upper part of the 2026 range. The pivot structure remains in UTrend across both short-term and intermediate-term measures, while the benchmark stack is fully aligned in rising order from the 5-day through the 200-day averages. The chart shows a powerful vertical rally from the spring base into the mid-90s, with prior resistance at 74.73 and 68.23 now acting as deep support references after the breakout. Momentum is fast, candle bars are large, and the current structure reflects a trend continuation phase after a major range expansion.