CL Crude Oil Futures Daily Chart Analysis: 2026-Aug-06 07:02 CT

Price Action

• Last: 74.24,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 88%
• 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 74.24,
• 4. Pvt. Next: Pvt high 83.42,
• 5. Levels R: 108.79, 105.36, 103.88, 95.67,
• 6. Levels S: 74.24, 66.50, 60.58, 51.12, 48.53.

Daily Benchmarks

• (Short-Term) 5 Day: 79.09 Down Trend,
• (Short-Term) 10 Day: 82.74 Down Trend,
• (Intermediate-Term) 20 Day: 80.95 Down Trend,
• (Intermediate-Term) 55 Day: 80.94 Down Trend,
• (Long-Term) 100 Day: 85.79 Up Trend,
• (Long-Term) 200 Day: 69.04 Up Trend.

Additional Metrics

• ATR: 10.63,
• VOLMA: 345883.

Recent Trade Signals

• 06 Aug 2026: Short CL 09-26 @ 74.89 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

CL is in a fast bearish swing decline, with price breaking below the short- and intermediate-term benchmark cluster near 79.09 to 82.74. Both weekly and monthly fib-grid readings are below F0%, while DTrend pivot structure confirms lower highs and lower lows. The 74.24 pivot low is the immediate downside reference, with 66.50 representing the next major swing-support area. Long-term structure remains constructive because the yearly grid is positive and the 100- and 200-day benchmark trends remain upward, creating a pronounced short/intermediate-term pullback within the broader yearly advance.