CL Crude Oil Futures Daily Chart Analysis: 2026-Jun-17 07:01 CT

Price Action

• Last: 74.59,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -54%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -49%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 85%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 74.59,
• 4. Pvt. Next: Pvt High 83.91,
• 5. Levels R: 110.12, 106.69, 105.21, 97.00,
• 6. Levels S: 74.59, 72.69, 61.91, 52.45, 49.86.

Daily Benchmarks

• (Short-Term) 5 Day: 83.88 Down Trend,
• (Short-Term) 10 Day: 87.85 Down Trend,
• (Intermediate-Term) 20 Day: 90.93 Down Trend,
• (Intermediate-Term) 55 Day: 88.61 Down Trend,
• (Long-Term) 100 Day: 81.20 Down Trend,
• (Long-Term) 200 Day: 68.04 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

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 trading in a sharp downside swing with a large bearish daily bar pressing price back toward the lower end of the 2026 pivot structure. Both the weekly and monthly session fib grids are below F0% with negative current values, reinforcing a short-term and intermediate-term downtrend bias. Swing pivots remain in DTrend, with the next pivot framework pointing to a prior swing high at 83.91 after the current low at 74.59, while support levels cluster at 72.69, 61.91, 52.45, and 49.86. Daily benchmarks are broadly aligned lower across the 5, 10, 20, 55, and 100-day averages, but the 200-day average still slopes higher, keeping the longer-term structure constructive even as the recent selloff dominates price behavior. Recent short signals on 11, 12, and 16 June reflect the ongoing trend continuation and the transition from the early-June topping pattern into a deeper retracement and breakdown phase.