CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-12 07:02 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Weekly crude is in a sharp post-breakout expansion phase, with price surging from the mid-40s/low-50s area into the mid-80s after a strong V-shaped advance. The short-term grid and monthly grid remain below their F0%/NTZ centers, keeping the tactical structure bearish despite the powerful rebound. Swing pivot structure still shows an upward pivot trend and higher-level resistance overhead at 108.69, while support shelves cluster lower at 74.73 and 68.23. The benchmark stack is mixed near term, with the 5 and 10 day averages rolling lower while the 20 day and longer averages remain in established uptrends, reflecting a fast rally into a broader bullish backdrop. Recent trade signals have aligned with the downside side of the short-term cycle, even as the yearly grid stays firmly positive and above its midline, making the long-term profile constructive while the shorter time frames remain reactive and heavy.


Chart Analysis ATS AI Generated: 2026-06-12 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.