CL Crude Oil Futures Daily Chart Analysis: 2026-Aug-17 07:02 CT

Price Action

Last: 83.67,
Bars: Small,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -2%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Aug

Intermediate-Term
MSFG Current: 9%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 109%
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 84.61,
4. Pvt. Next: Pvt low 76.95,
5. Levels R: 108.79, 105.36, 103.88, 95.67, 93.50,
6. Levels S: 74.24, 66.50.

Daily Benchmarks

(Short-Term) 5 Day: 82.45 Up Trend,
(Short-Term) 10 Day: 79.91 Up Trend,
(Intermediate-Term) 20 Day: 82.44 Down Trend,
(Intermediate-Term) 55 Day: 81.01 Up Trend,
(Long-Term) 100 Day: 85.45 Down Trend,
(Long-Term) 200 Day: 70.17 Up Trend.

Additional Metrics

ATR: 211,
VOLMA: 345883.

Recent Trade Signals

13 Aug 2026: Long CL 09-26 @ 83.1 Signals.USAR-MSFG
10 Aug 2026: Long CL 09-26 @ 79.58 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

CL is consolidating near 83.67 following a sharp July-to-August recovery. Short-term structure remains constructive through higher lows, positive 5-day and 10-day benchmark trends, and an active UTrend pivot condition, although price remains marginally below the weekly F0% area. Intermediate structure is mixed: the monthly grid remains positive and price is above the 55-day average, while the 20-day average is declining and the broader HiLo pivot trend remains down. Long-term conditions retain a bullish foundation above the rising 200-day average and positive yearly grid, but the declining 100-day average near 85.45 remains an overhead trend reference. Recent small daily bars and subdued momentum reflect compression beneath the 84.61 pivot-evolve level, with 93.50 as the nearest larger pivot resistance and 74.24 as major confirmed swing support.