CL Crude Oil Futures Weekly Chart Analysis: 2026-Aug-04 07:02 CT

Price Action

• Last: 79.67,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 91%
• 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 93.50,
• 4. Pvt. Next: Pvt low 73.30,
• 5. Levels R: 105.36, 93.50,
• 6. Levels S: 66.50, 44.75, 40.00, 39.16, 37.37.

Weekly Benchmarks

• (Short-Term) 5 Day: 78.98 Up Trend,
• (Short-Term) 10 Day: 79.78 Up Trend,
• (Intermediate-Term) 20 Day: 85.76 Down Trend,
• (Intermediate-Term) 55 Day: 69.79 Up Trend,
• (Long-Term) 100 Day: 59.05 Up Trend,
• (Long-Term) 200 Day: 58.41 Up Trend.

Recent Trade Signals

• 04 Aug 2026: Short CL 09-26 @ 76.67 Signals.USAR-MSFG
• 04 Aug 2026: Long CL 09-26 @ 82.12 Signals.USAR-WSFG
• 03 Aug 2026: Short CL 09-26 @ 80.71 Signals.USAR.TR120
• 28 Jul 2026: Short CL 09-26 @ 81.58 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

CL is in a high-volatility weekly retracement following the sharp rally into the 93.50 to 105.36 resistance zone. Large weekly bars and fast momentum reflect an aggressive rejection from the highs. Short-term structure is mixed, with the pivot trend still up but weekly and monthly Fib-grid readings below F0%, while intermediate structure remains bearish below the declining 20-week benchmark. The larger yearly structure remains constructive above the yearly F0% area and above rising 55-, 100-, and 200-week benchmarks. The 73.30 pivot-next level defines the near-term swing inflection, with 66.50 the principal lower support and 93.50 the key rebound resistance.