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

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Price remains in a broad 2026 upside structure, holding well above the rising 55, 100, and 200 period benchmarks and above the yearly F0%/NTZ area. The recent advance has been volatile and has retraced from the 93.50 pivot high, leaving short-term weekly grid pressure and the 5 and 20 period benchmarks pointed down. Swing structure remains short-term UTrend, while the intermediate HiLo sequence is DTrend, reflecting a corrective, wide-range consolidation inside a larger bullish trend. The 74.84 pivot-next level defines the near-term structural reversal point, while 93.50 and 105.36 remain overhead swing resistance.


Chart Analysis ATS AI Generated: 2026-08-17 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.