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

Price Action

• Last: 79.38,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -40%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 92%
• 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: 92.08 Down Trend,
• (Short-Term) 10 Day: 90.68 Down Trend,
• (Intermediate-Term) 20 Day: 82.42 Up Trend,
• (Intermediate-Term) 55 Day: 58.94 Up Trend,
• (Long-Term) 100 Day: 58.85 Up Trend,
• (Long-Term) 200 Day: 57.08 Up Trend.

Recent Trade Signals

• 16 Jun 2026: Short CL 07-26 @ 79.38 Signals.USAR-WSFG
• 12 Jun 2026: Short CL 07-26 @ 86.06 Signals.USAR-MSFG
• 11 Jun 2026: Short CL 07-26 @ 86.54 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a powerful weekly swing phase after a sharp vertical rally from the mid-70s into the 100+ area, followed by a violent rejection and fast retracement back into the upper-70s. The short-term structure is bearish with WSFG below F0%, recent bearish signals, and short-term benchmarks rolling over, while the pivot sequence still reflects a live UTrend after the major expansion. Intermediate-term conditions remain bearish as the June monthly grid is below F0% and the latest trade signals on the month and short-term swing model both printed short. The long-term backdrop stays constructive because the yearly grid remains above F0%, the 20/55/100/200-day benchmarks are all aligned higher, and the broader weekly structure still shows a major uptrend from the 2025-2026 advance. The chart is transitioning from a momentum breakout environment into a sharp corrective phase with elevated volatility, lower highs from the extreme peak, and price now testing the transition zone between the recent surge and the prior consolidation band.