CL Crude Oil Futures Weekly Chart Analysis: 2026-Jun-29 07:01 CT

Price Action

• Last: 68.56,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -53%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 69%
• 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 68.56,
• 4. Pvt. Next: Pvt High 96.66,
• 5. Levels R: 105.90,
• 6. Levels S: 68.56, 67.44, 45.29, 40.54, 39.70, 37.91.

Weekly Benchmarks

• (Short-Term) 5 Day: 81.10 Down Trend,
• (Short-Term) 10 Day: 87.82 Down Trend,
• (Intermediate-Term) 20 Day: 83.40 Down Trend,
• (Intermediate-Term) 55 Day: 68.43 Up Trend,
• (Long-Term) 100 Day: 58.36 Up Trend,
• (Long-Term) 200 Day: 56.38 Up Trend.

Recent Trade Signals

• 29 Jun 2026: Short CL 08-26 @ 69.49 Signals.USAR-WSFG
• 26 Jun 2026: Short CL 08-26 @ 69.4 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a sharp weekly pullback after a major run-up and rejection from the 100s area, with price now back near the mid-60s and sitting beneath the short-term and intermediate-term benchmark averages. The weekly and monthly session fib grids both show price below F0% and aligned bearish, matching the DTrend swing pivot structure and the recent short signals. Even so, the yearly fib grid remains constructive, with price still above the annual midpoint and the long-term benchmarks holding an uptrend posture, so the broader structure is still bullish despite the current corrective phase. The chart reflects a transition from a strong expansion leg into a fast retracement, with the latest swing pivot sequence showing lower highs and lower lows on the short-term framework while long-term support remains higher than prior cycle lows.