CL Crude Oil Futures Weekly Chart Analysis: 2026-Aug-05 07:02 CT

Price Action

• Last: 76.67,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -39%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

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

YSFG Year 2026

• Long-Term
• YSFG Current: 89%
• 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 73.16,
• 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

Overall Rating

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

Key Insights Summary

Price is experiencing a high-volatility retracement from the 93.50 pivot high, with the weekly and monthly Fib grids below F0% confirming short- and intermediate-term downside pressure. The short-term pivot structure remains UTrend, but price is below the 5 and 10-week benchmarks and the next opposite pivot is 73.16. The longer-term structure remains constructive above rising 55, 100, and 200-week benchmarks and within the positive yearly Fib grid, framing the current decline as a substantial counter-trend pullback inside a broader yearly uptrend.