CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-11 07:01 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -46%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 124%
• 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 78.25,
• 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: 68.23 Up Trend,
• (Long-Term) 100 Day: 58.61 Up Trend,
• (Long-Term) 200 Day: 56.99 Up Trend.

Recent Trade Signals

• 09 Jun 2026: Short CL 07-26 @ 86.7 Signals.USAR-MSFG
• 09 Jun 2026: Short CL 07-26 @ 90.14 Signals.USAR.TR120
• 08 Jun 2026: Short CL 07-26 @ 91.05 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil is coming off a very strong impulse rally from the mid-40s into the high-100s, and the weekly structure still carries a long-term bullish bias while the shorter time frames have rolled over into a correction. The weekly and monthly session fib grids are both below their F0% lines, aligning with a down short-term and intermediate-term tone, while the yearly grid remains well above F0% and confirms the larger uptrend. Swing pivots remain anchored by a prior high at 108.69 with the next notable pivot low at 78.25, showing a broad expansion range after a vertical advance and subsequent retracement. The fastest benchmarks have turned down, but the 20, 55, 100, and 200-day benchmarks still slope up, indicating the broader trend has not fully reversed. Recent short signals across WSFG, MSFG, and TR120 reinforce the current corrective phase, with price now testing the upper portion of the post-breakout consolidation after the prior surge.