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

Price Action

• Last: 68.22,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 66%
• 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 68.22,
• 4. Pvt. Next: Pvt High 96.38,
• 5. Levels R: 105.90,
• 6. Levels S: 68.22, 67.44, 45.29, 40.54, 39.70.

Weekly Benchmarks

• (Short-Term) 5 Day: 81.1 Down Trend,
• (Short-Term) 10 Day: 87.82 Down Trend,
• (Intermediate-Term) 20 Day: 83.4 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

• 01 Jul 2026: Short CL 08-26 @ 69.36 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 from the recent 2026 spike highs near 105.90, with price now pressing back into the Year 2026 NTZ area and sitting below the weekly and monthly fib midlines. The short-term structure has flipped to a down pivot trend, with the most recent swing evolving into a lower pivot low at 68.22 and the next pivot type pointing to a pivot high at 96.38 if a reversal develops. Weekly momentum is fast and the bar is large, reflecting a decisive selloff rather than a slow consolidation. The short and intermediate benchmark averages are aligned bearish, while the 55, 100, and 200 day benchmarks remain upward-sloping underneath price, preserving the larger-year bullish backdrop despite the current retracement.