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

Price Action

• Last: 75.00,
• 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 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: 78.96 Up Trend,
• (Short-Term) 10 Day: 79.78 Up Trend,
• (Intermediate-Term) 20 Day: 85.70 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

• 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 undergoing a high-volatility retracement following the sharp advance into the 93.50 to 105.36 resistance zone. Price has broken beneath the weekly and monthly F0%/NTZ areas, while the current short-term pivot is a DTrend and the 20-period benchmark is declining. The 73.16 pivot-next level defines the immediate swing inflection, with 66.50 the principal lower support. The longer cycle remains constructive: price is above the yearly F0% structure and the 55, 100, and 200-period benchmarks retain rising trends. This creates a bearish short-to-intermediate corrective phase within a still-bullish yearly structure.