CL Crude Oil Futures Daily Chart Analysis: 2026-Jun-08 07:01 CT

Price Action

Last: 93.10,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: -19%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jun

Intermediate-Term
MSFG Current: 5%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 131%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt High 97.00,
4. Pvt. Next: Pvt Low 87.16,
5. Levels R: 110.12, 106.69, 105.21, 97.00,
6. Levels S: 86.35, 84.42, 74.73, 72.69, 61.91.

Daily Benchmarks

(Short-Term) 5 Day: 93.10 Down Trend,
(Short-Term) 10 Day: 92.10 Down Trend,
(Intermediate-Term) 20 Day: 95.09 Down Trend,
(Intermediate-Term) 55 Day: 88.59 Up Trend,
(Long-Term) 100 Day: 78.82 Up Trend,
(Long-Term) 200 Day: 64.93 Up Trend.

Additional Metrics

ATR: 10.72,
VOLMA: 345883.

Recent Trade Signals

08 Jun 2026: Long CL 07-26 @ 94.46 Signals.USAR.TR120
08 Jun 2026: Long CL 07-26 @ 94.46 Signals.USAR-MSFG
01 Jun 2026: Long CL 07-26 @ 89.73 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil remains in a larger year-long uptrend, with the 2026 YSFG holding firmly above the F0%/NTZ zone and the major 55/100/200-day benchmarks still aligned higher. Near term, however, the daily structure is softer: price is trading below the weekly fib bias, below the 20-day benchmark, and sits under the most recent pivot resistance cluster, leaving the short-term profile choppy to bearish. The swing pivot map still shows an active UTrend, but the HiLo pivot trend has rolled to DTrend, reflecting a transition phase after the sharp May rally and subsequent pullback. The market is working through a retracement inside a broader advance, with the key feature being whether price can stabilize above the 90s zone and rebuild toward the 97 area and higher resistance bands.