CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-09 07:01 CT

Price Action

• Last: 89.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 126%
• 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: 92.6 Down Trend,
• (Intermediate-Term) 20 Day: 80.8 Up Trend,
• (Intermediate-Term) 55 Day: 68.83 Up Trend,
• (Long-Term) 100 Day: 58.61 Up Trend,
• (Long-Term) 200 Day: 56.89 Up Trend.

Recent Trade Signals

• 09 Jun 2026: Short CL 07-26 @ 90.14 Signals.USAR.TR120
• 08 Jun 2026: Short CL 07-26 @ 91.05 Signals.USAR-WSFG
• 08 Jun 2026: Long CL 07-26 @ 94.46 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful weekly rally phase after a major upside expansion from the mid-40s/low-50s base into the upper-80s and low-90s area. The short-term structure has turned bearish on the weekly session grid, with price below the F0%/NTZ and recent short signals aligning with the pullback from the recent spike highs. The intermediate-term month grid is also slightly negative, showing price just below its center while the market consolidates after a vertical advance. Despite that near-term cooling, the yearly grid remains firmly bullish, reflecting a broad long-term uptrend and a strong recovery from prior cycle lows. Swing pivots still show an upward pivot trend and higher-level resistance at 108.69, while support clusters sit at 74.73 and 68.23, defining the key retracement zones beneath current price. Benchmarks show short MAs rolling down while the medium and long MAs remain stacked in bullish order, which fits a market that is pausing after a sharp impulse and digesting gains rather than reversing the larger trend.