CL Crude Oil Futures Weekly Chart Analysis: 2026-Aug-18 07:02 CT

Price Action

• Last: 84.35,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 27%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 117%
• 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 92.59,
• 4. Pvt. Next: Pvt low 73.85,
• 5. Levels R: 104.45, 92.59,
• 6. Levels S: 65.59, 43.84, 39.09, 38.25, 36.46.

Weekly Benchmarks

• (Short-Term) 5 Day: 82.66 Down Trend,
• (Short-Term) 10 Day: 77.38 Up Trend,
• (Intermediate-Term) 20 Day: 83.87 Down Trend,
• (Intermediate-Term) 55 Day: 69.62 Up Trend,
• (Long-Term) 100 Day: 58.79 Up Trend,
• (Long-Term) 200 Day: 55.80 Up Trend.

Recent Trade Signals

• 18 Aug 2026: Long CL 10-26 @ 84.35 Signals.USAR-MSFG
• 18 Aug 2026: Long CL 09-26 @ 84.93 Signals.USAR.TR120
• 17 Aug 2026: Long CL 10-26 @ 83.96 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

CL remains in a broad bullish recovery structure following the sharp advance from the 2026 yearly NTZ, with price holding above the weekly, monthly, and yearly F0% reference areas. The recent swing sequence is highly volatile, with a 92.59 evolving pivot high and 73.85 reversal threshold defining the active short-term range. Price is above the 10, 55, 100, and 200-period benchmarks, while the slightly declining 5 and 20-period averages reflect near-term consolidation after the rapid rally. The 92.59 level is the nearer pivot resistance, followed by 104.45, while 65.59 remains the dominant established swing support. The chart retains a bullish higher-timeframe bias despite a choppy short-term retracement and wide weekly bar ranges.