CL Crude Oil Futures Weekly Chart Analysis: 2026-Jul-10 07:02 CT

Price Action

Last: 67.04,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 49%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Jul

Intermediate-Term
MSFG Current: 11%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 77%
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 93.12,
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

09 Jul 2026: Short CL 08-26 @ 72.14 Signals.USAR.TR120
09 Jul 2026: Long CL 08-26 @ 73.51 Signals.USAR-MSFG
08 Jul 2026: Long CL 08-26 @ 75.84 Signals.USAR.TR720
07 Jul 2026: Long CL 08-26 @ 70.04 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Crude oil is in a sharp weekly reversal phase after a powerful rally and failed continuation above the low-90s area, with the latest candle showing an aggressive drop back toward the high-60s. The short-term structure has turned lower with pivot trend and recent short signal pressure, while the weekly and monthly fib grids still hold an above-F0% bias, keeping the broader structure constructive. Intermediate-term action is mixed: price remains above the 55-day, 100-day, and 200-day benchmarks, but the 5-day, 10-day, and 20-day averages are rolling lower, reflecting a fast pullback inside a still-upward larger trend. The yearly framework remains bullish overall, but the current weekly swing is clearly in correction mode, with the market testing a major pivot low near 67.04 after a volatile multi-swing expansion.