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

Price Action

• Last: 85.00,
• Bars: Large,
• Mom: fast.

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: DTrend,
• 3. Pvt. Evolve: Pvt high 92.59,
• 4. Pvt. Next: Pvt low 74.51,
• 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: 83.60 Up Trend,
• (Short-Term) 10 Day: 77.82 Up Trend,
• (Intermediate-Term) 20 Day: 83.13 Up Trend,
• (Intermediate-Term) 55 Day: 70.24 Up Trend,
• (Long-Term) 100 Day: 59.14 Up Trend,
• (Long-Term) 200 Day: 55.81 Up Trend.

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

Key Insights Summary

Price is in a high-volatility weekly consolidation after the sharp recovery from the 65.59 pivot low. The short-term WSFG is down and the current pivot is evolving from the 92.59 high, creating a counter-trend pullback within a broader bullish monthly and yearly structure. Price remains above all rising benchmark averages, with the 83.13 20-week benchmark acting as a nearby trend reference. The 92.59 pivot is the principal nearer-term resistance, while 65.59 remains the major confirmed swing support. The mixed recent short-term signals and large weekly ranges reflect a choppy retracement phase, while the rising monthly, yearly, and long-term benchmark alignment maintains the broader recovery trend.