CL Crude Oil Futures Daily Chart Analysis: 2026-Jun-24 07:01 CT

Price Action

• Last: 71.06,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -74%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -65%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 72%
• 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 71.06,
• 4. Pvt. Next: Pvt High 80.40,
• 5. Levels R: 109.33, 105.90, 104.42, 96.21,
• 6. Levels S: 71.06, 61.12, 51.66, 49.07, 48.16.

Daily Benchmarks

• (Short-Term) 5 Day: 74.84 Down Trend,
• (Short-Term) 10 Day: 80.18 Down Trend,
• (Intermediate-Term) 20 Day: 85.48 Down Trend,
• (Intermediate-Term) 55 Day: 88.04 Down Trend,
• (Long-Term) 100 Day: 81.00 Down Trend,
• (Long-Term) 200 Day: 65.67 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 22 Jun 2026: Short CL 08-26 @ 73.41 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: Neutral.

Key Insights Summary

Crude oil is in a clear short-term selloff, with price pressing down to the prior swing low near 71.06 and trading below the weekly and monthly F0%/NTZ zones. The pivot structure remains DTrend on both the short and intermediate horizons, while the recent sequence of lower highs and lower lows confirms persistent downside control after the failed recovery from the May high. Daily benchmarks are broadly bearish across the 5, 10, 20, and 55 day measures, showing price acceptance beneath the faster and intermediate moving averages. Long-term structure is more mixed because price remains above the 200 day and the yearly fib grid is still positive, but the 100 day trend is still soft, leaving the larger backdrop neutral rather than fully bullish. The recent trade signals reinforce the downside theme, with short signals triggered into the June decline and momentum still aligned with the breakdown rather than a consolidation base.