CL Crude Oil Futures Daily Chart Analysis: 2026-Aug-31 07:02 CT

Price Action

Last: 86.30,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 24%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 29%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 124%
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 86.79,
4. Pvt. Next: Pvt low 81.39,
5. Levels R: 107.38, 104.45, 102.97, 94.76, 92.59, 87.69,
6. Levels S: 79.62, 73.33, 65.59, 59.67, 50.21.

Daily Benchmarks

(Short-Term) 5 Day: 83.31 Up Trend,
(Short-Term) 10 Day: 84.26 Down Trend,
(Intermediate-Term) 20 Day: 81.50 Up Trend,
(Intermediate-Term) 55 Day: 81.35 Up Trend,
(Long-Term) 100 Day: 83.76 Down Trend,
(Long-Term) 200 Day: 71.02 Up Trend.

Additional Metrics

ATR: 211,
VOLMA: 345883.

Recent Trade Signals

31 Aug 2026: Long CL 10-26 @ 85.43 Signals.USAR-WSFG
28 Aug 2026: Long CL 10-26 @ 83.12 Signals.USAR-MSFG
26 Aug 2026: Long CL 10-26 @ 82.56 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price has extended its late-August recovery above the weekly and monthly Fib-grid centers, with a fast upswing from the 79.62 support area and higher swing lows preserving the bullish pivot structure. The 86.79 evolving pivot high and 87.69 pivot resistance form the immediate overhead test zone, while the 81.39 pivot-reversal level aligns closely with the rising 20-day and 55-day benchmark cluster. Price is above all major benchmark averages, although the declining 10-day and 100-day trend readings reflect residual countertrend pressure from the prior summer decline. The broader yearly structure remains constructive above the rising 200-day average, while ATR and moderating volume indicate an active but less explosive recovery phase.