CL Crude Oil Futures Daily Chart Analysis: 2026-Aug-11 07:02 CT

Price Action

• Last: 83.60,
• Bars: Small,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 36%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 8%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 108%
• 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 84.67,
• 4. Pvt. Next: Pvt low 75.80,
• 5. Levels R: 108.79, 105.36, 103.88, 95.67, 93.50, 86.87,
• 6. Levels S: 74.24, 66.50.

Daily Benchmarks

• (Short-Term) 5 Day: 77.71 Up Trend,
• (Short-Term) 10 Day: 80.09 Up Trend,
• (Intermediate-Term) 20 Day: 81.83 Up Trend,
• (Intermediate-Term) 55 Day: 80.70 Up Trend,
• (Long-Term) 100 Day: 85.57 Down Trend,
• (Long-Term) 200 Day: 69.54 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 11 Aug 2026: Long CL 09-26 @ 83.94 Signals.USAR-MSFG
• 10 Aug 2026: Long CL 09-26 @ 79.58 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

CL has staged a sharp V-style recovery from the July 66.50 swing low, restoring price above the rising 5, 10, 20, and 55-day benchmarks. The short-term pivot structure is upward, although the intermediate HiLo structure remains in a downtrend and the 100-day average at 85.57 remains an overhead longer-term trend barrier. August MSFG and weekly grids are positive with price above their F0% areas, while 86.87 is the nearest pivot resistance and 74.24 is the principal swing support beneath the current recovery structure. Small recent bars and moderating ATR indicate the rally is consolidating after a high-velocity rebound rather than accelerating in a broad breakout phase.