CL Crude Oil Futures Daily Chart Analysis: 2026-Jul-20 07:02 CT

Price Action

Last: 84.60,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -33%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: 41%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 102%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt high 84.60,
4. Pvt. Next: Pvt low 78.10,
5. Levels R: 108.79, 105.36, 103.88, 95.67, 84.60,
6. Levels S: 68.50, 60.58, 51.12, 48.53, 45.62.

Daily Benchmarks

(Short-Term) 5 Day: 79.14 Up Trend,
(Short-Term) 10 Day: 74.83 Up Trend,
(Intermediate-Term) 20 Day: 72.77 Up Trend,
(Intermediate-Term) 55 Day: 79.80 Up Trend,
(Long-Term) 100 Day: 83.87 Down Trend,
(Long-Term) 200 Day: 55.55 Up Trend.

Additional Metrics

ATR: 211,
VOLMA: 345883.

Recent Trade Signals

20 Jul 2026: Short CL 09-26 @ 81.57 Signals.USAR-WSFG
13 Jul 2026: Long CL 08-26 @ 74.69 Signals.USAR-MSFG
13 Jul 2026: Long CL 08-26 @ 74.39 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

CL has produced a sharp V-style recovery from the early-July low area, reclaiming the 5-, 10-, 20-, and 55-day benchmarks while forming higher lows. Short-term pivot structure is positive, although price is testing the 84.60 pivot-high area and remains below the declining 100-day benchmark near 83.87 only marginally. The weekly grid remains below its F0% reference, creating a countertrend short-term backdrop within an otherwise upward monthly and yearly grid structure. The intermediate HiLo pivot trend remains down, reflecting the larger decline from the May-June highs, while the current rally has restored bullish near-term momentum. Volume participation is moderate and ATR has compressed from prior highs, consistent with a recovery phase rather than the earlier high-volatility selloff.