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

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -35%
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 74.24,
• 4. Pvt. Next: Pvt high 83.38,
• 5. Levels R: 108.79, 105.36, 103.88, 95.67, 93.50,
• 6. Levels S: 74.24, 66.50, 60.58, 51.12, 48.53.

Daily Benchmarks

• (Short-Term) 5 Day: 78.66 Down Trend,
• (Short-Term) 10 Day: 81.25 Down Trend,
• (Intermediate-Term) 20 Day: 81.27 Down Trend,
• (Intermediate-Term) 55 Day: 80.81 Down Trend,
• (Long-Term) 100 Day: 85.67 Down Trend,
• (Long-Term) 200 Day: 69.09 Up Trend.

Additional Metrics

• ATR: 163,
• 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 has shifted into a fast downside swing, with a large bearish bar extending the decline from the 86.87 pivot high and breaking below the August monthly grid. Price is beneath every short- and intermediate-term benchmark, while both pivot structures remain in DTrend alignment. The 74.24 pivot-low area is the immediate structural support; below it, the chart opens toward the 66.50 support zone near the rising 200-day benchmark. Long-term structure remains constructive because price is above the 200-day average and the yearly fib grid remains positive, but the current daily swing is a sharp countertrend selloff within that broader backdrop.