CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-18 07:01 CT
Price Action
- Last: 74.13,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -60%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Jun
- Intermediate-Term
- MSFG Current: -51%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 83%
- 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 74.13,
- 4. Pvt. Next: Pvt High 108.43,
- 5. Levels R: 108.69,
- 6. Levels S: 74.13, 68.23, 46.08, 41.33, 40.49, 7.
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: 56.94 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 sharp weekly selloff from the 106-108 area back down into the mid-70s, with the latest candle showing heavy downside momentum and a large-range reversal off the recent peak. The short-term structure remains weak as price sits below both the weekly and monthly F0%/NTZ zones, and the swing pivot trend is still pointing lower. The recent sequence of short signals aligns with that downside rotation. Even so, the higher-timeframe backdrop remains constructive, with the yearly grid still above its midline and the 20, 55, 100, and 200 day benchmarks all holding in up-trend posture, showing the broader trend is still positive despite the current correction. The chart is transitioning from a vertical rally into a fast pullback, with prior breakout levels now acting as nearby support and the 74 area emerging as the key pivot zone in the current swing.
Chart Analysis ATS AI Generated: 2026-06-18 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.