CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-08 07:01 CT
Price Action
- Last: 91.00,
- Bars: Large,
- Mom: fast.
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: 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: 93.34 Down Trend,
- (Short-Term) 10 Day: 92.60 Down Trend,
- (Intermediate-Term) 20 Day: 80.80 Up Trend,
- (Intermediate-Term) 55 Day: 68.80 Up Trend,
- (Long-Term) 100 Day: 58.61 Up Trend,
- (Long-Term) 200 Day: 58.09 Up Trend.
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: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Crude oil has staged a powerful multi-month advance from the mid-40s/low-50s zone into the low-90s, leaving the long-term structure firmly constructive. The yearly and monthly fib grids remain above the f0%/NTZ reference, confirming higher-timeframe strength, while the weekly grid is still negative, showing the current pullback phase inside a larger uptrend. Swing pivots remain in UTrend, with the dominant resistance shelf at 108.69 and a layered support stack below 74.73, 68.23, and the deeper 46-41 area from earlier cycle lows. Weekly benchmarks show near-term softness as price sits below the 5 and 10 day averages, but the 20/55/100/200 day averages are all rising and stacked bullishly underneath, reflecting a strong trend base. The recent long signals align with the broader breakout and recovery structure, while the current week is best characterized as a volatile consolidation after an extended rally.
Chart Analysis ATS AI Generated: 2026-06-08 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.