CL Crude Oil Futures Weekly Chart Analysis: 2026-Sep-23 07:03 CT

Price Action

• Last: 89.36,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -66%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: 45%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 151%
• 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 102.03,
• 4. Pvt. Next: Pvt low 89.15,
• 5. Levels R: 102.03,
• 6. Levels S: 60.87, 39.12, 34.37, 33.53, 31.74.

Weekly Benchmarks

• (Short-Term) 5 Day: 87.84 Up Trend,
• (Short-Term) 10 Day: 82.74 Up Trend,
• (Intermediate-Term) 20 Day: 79.89 Up Trend,
• (Intermediate-Term) 55 Day: 68.77 Up Trend,
• (Long-Term) 100 Day: 56.09 Up Trend,
• (Long-Term) 200 Day: 51.74 Up Trend.

Recent Trade Signals

• 23 Sep 2026: Short CL 11-26 @ 89.36 Signals.USAR.TR720
• 18 Sep 2026: Short CL 11-26 @ 96.53 Signals.USAR-WSFG
• 16 Sep 2026: Short CL 10-26 @ 102.01 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The weekly chart shows an exceptionally volatile retracement from the 102.03 pivot high, with large bars and fast downside momentum pushing price below the weekly F0%/NTZ structure. Short-term conditions are bearish despite the active UTrend pivot structure, as the 89.15 next-pivot level is being tested following consecutive short signals. The intermediate and long-term structure remains constructive: price is above the monthly and yearly grids and all six rising benchmark averages. The current pattern is a sharp countertrend pullback within a broader higher-low recovery cycle, with 102.03 defining the major overhead swing resistance and 87.84, 82.74, and 79.89 marking the nearest rising benchmark zone below price.