CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-22 07:02 CT

Price Action

Last: 73.00,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -32%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jun

Intermediate-Term
MSFG Current: -50%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 84%
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 72.83,
4. Pvt. Next: Pvt High 102.91,
5. Levels R: 105.90,
6. Levels S: 72.83, 67.44, 45.29, 40.54, 39.70.

Weekly Benchmarks

(Short-Term) 5 Day: 86.41 Down Trend,
(Short-Term) 10 Day: 88.65 Down Trend,
(Intermediate-Term) 20 Day: 82.64 Down Trend,
(Intermediate-Term) 55 Day: 68.40 Up Trend,
(Long-Term) 100 Day: 58.24 Up Trend,
(Long-Term) 200 Day: 56.36 Up Trend.

Recent Trade Signals

22 Jun 2026: Long CL 08-26 @ 77.69 Signals.USAR.TR120
16 Jun 2026: Short CL 07-26 @ 79.38 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil is in a sharp weekly selloff from the 100+ area, with a large bearish expansion bar pulling price back below the weekly and monthly F0%/NTZ zones. Short-term structure remains decisively down, reinforced by DTrend swing pivots and the recent short-cycle signal, while the latest long entry reflects a countertrend bounce attempt off the 70s support area. Intermediate structure is still pressured, with price sitting well under the 20-day benchmark and the month grid in negative territory, though the 55-day and longer benchmarks remain aligned to a broader upward backdrop. The year grid is still positive overall, showing the market has not broken the larger long-term uptrend despite the violent retracement. This leaves the chart in a mixed state: short-term bearish momentum, intermediate-term corrective weakness, and a long-term uptrend that still dominates the bigger cycle.