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

Price Action

• Last: 67.04,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 61%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 81%
• 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 67.04,
• 4. Pvt. Next: Pvt High 93.10,
• 5. Levels R: 105.90,
• 6. Levels S: 67.04, 45.29, 40.54, 39.70, 37.91.

Weekly Benchmarks

• (Short-Term) 5 Day: 77.52 Down Trend,
• (Short-Term) 10 Day: 85.76 Down Trend,
• (Intermediate-Term) 20 Day: 84.16 Down Trend,
• (Intermediate-Term) 55 Day: 68.44 Up Trend,
• (Long-Term) 100 Day: 58.52 Up Trend,
• (Long-Term) 200 Day: 56.42 Up Trend.

Recent Trade Signals

• 08 Jul 2026: Long CL 08-26 @ 72.76 Signals.USAR-MSFG
• 07 Jul 2026: Long CL 08-26 @ 70.04 Signals.USAR-WSFG
• 03 Jul 2026: Long CL 08-26 @ 69.2 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude oil is in a strong higher-timeframe uptrend after a sharp vertical impulse off the 2026 base, with price holding well above the yearly F0%/NTZ and remaining above the 55, 100, and 200 day benchmarks. The weekly structure is still in a pullback phase from the recent spike into the 105.90 resistance zone, which leaves the short-term pivot trend in DTrend even though the broader WSFG, MSFG, and YSFG states remain aligned upward. The latest weekly action shows a large-range retracement from the upper-90s/low-100s area back toward the 67 pivot low, creating a fast momentum environment with a clear separation between the recent breakout leg and the current corrective leg. This is a market that has already completed a major expansion move, is now digesting gains, and is still organized around the recent swing-low support at 67.04 with the next higher pivot reference at 93.10.