CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-24 07:02 CT

Price Action

• Last: 71.38,
• 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 71.38,
• 4. Pvt. Next: Pvt High 101.58,
• 5. Levels R: 105.90,
• 6. Levels S: 71.38, 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 Up Trend,
• (Intermediate-Term) 55 Day: 68.4 Up Trend,
• (Long-Term) 100 Day: 58.24 Up Trend,
• (Long-Term) 200 Day: 56.36 Up Trend.

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: Bullish.

Key Insights Summary

Crude oil is in a sharp weekly reversal from the 2026 spike highs near 105.90, with the latest candle driving price back into the lower end of the yearly session grid and printing a clear downside swing break. Short-term structure is bearish with WSFG and monthly MSFG both below their F0%/NTZ zones, while the pivot model has flipped to DTrend and is now tracking a new pivot low at 71.38. The recent surge and rejection from the 100+ area created a fast, large-bar selloff that has returned price toward the prior support stack around 71.38 and 67.44. The longer-term backdrop remains constructive because the yearly grid is still above F0% and the 20-, 55-, 100-, and 200-day benchmarks are aligned higher, but the current weekly tape is dominated by a corrective down swing and heavy retracement behavior after an extended rally. The structure reflects a momentum unwind from an overbought expansion phase into a faster, more volatile pullback phase with failed highs, lower highs, and a decisive loss of near-term trend control.