CL Crude Oil Futures Daily Chart Analysis: 2026-Jul-08 07:01 CT

Price Action

WSFG Weekly

MSFG Month Jul

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Crude oil is in a strong short-term rebound structure after holding the low pivot near 67.04 and pushing back toward the 75 area. The pivot trend has turned up, and the recent signal sequence shows improving upside response across TR120, WSFG, and MSFG. Weekly, monthly, and yearly session fib grids all remain in positive alignment with price above the F0/NTZ bias, which supports the current recovery theme. At the same time, the benchmark moving averages still reflect a broader mixed-to-soft structure, with price back above the very short-term averages but still below the 20, 55, and 100 day benchmarks, keeping the intermediate backdrop more balanced than directional. The chart shows a sharp selloff into early July followed by a V-shaped rebound attempt and a test of prior swing levels, with overhead resistance clustered in the 75 to 96 zone and layered support below 70.


Chart Analysis ATS AI Generated: 2026-07-08 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.