CL Crude Oil Futures Daily Chart Analysis: 2026-Jun-16 07:01 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil is trading in a sharp daily selloff from the May/June swing highs, with price now pressing into the lower end of the June session structure and sitting below the weekly and monthly F0%/NTZ zones. The short-term pivot structure is in DTrend with the next evolving pivot still pointing to a lower swing high setup, while the broader year-to-date structure remains constructive and above its annual midpoint. Daily benchmarks are generally aligned to the downside across the 5, 10, 20, 55, and 100-day measures, but the 200-day remains upward sloping, reflecting a mixed macro backdrop under a negative near-term trend regime. The tape shows a retracement from multiple rejection points near the upper 90s to low 100s area, followed by a fast decline back toward the high-70s support band, highlighting a transition from expansion to compression at lower levels.


Chart Analysis ATS AI Generated: 2026-06-16 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.