CL Crude Oil Futures Daily Chart Analysis: 2026-Aug-24 07:02 CT

Price Action

• Last: 87.15,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

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

YSFG Year 2026

• Long-Term
• YSFG Current: 121%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 87.69,
• 4. Pvt. Next: Pvt low 81.75,
• 5. Levels R: 107.88, 104.45, 102.97, 94.76, 92.59,
• 6. Levels S: 73.33, 65.59.

Daily Benchmarks

• (Short-Term) 5 Day: 85.22 Up Trend,
• (Short-Term) 10 Day: 83.38 Up Trend,
• (Intermediate-Term) 20 Day: 81.37 Up Trend,
• (Intermediate-Term) 55 Day: 80.90 Up Trend,
• (Long-Term) 100 Day: 84.49 Up Trend,
• (Long-Term) 200 Day: 70.10 Up Trend.

Additional Metrics

• ATR: 350,
• VOLMA: 345883.

Recent Trade Signals

• 24 Aug 2026: Short CL 10-26 @ 85.59 Signals.USAR-WSFG
• 20 Aug 2026: Long CL 10-26 @ 84.55 Signals.USAR-MSFG
• 19 Aug 2026: Long CL 10-26 @ 85.23 Signals.USAR.TR720
• 18 Aug 2026: Long CL 09-26 @ 84.93 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Crude maintains a broader higher-low recovery structure from the July 65.59 pivot, with price holding above all major daily benchmarks and the monthly and yearly Fib-grid trends remaining positive. Short-term action is consolidating beneath the 87.69 pivot high and near the 92.59 resistance zone, while the weekly grid remains below its F0% level, reflecting a countertrend pullback within the larger advance. Small recent bars and slowing momentum show compression after the August rally; the 81.75 pivot-reversal level and clustered 20-, 55-, and 100-day averages define the key underlying support structure.