CL Crude Oil Futures Weekly Chart Analysis: 2026-Oct-02 07:03 CT

Price Action

• Last: 89.85,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -48%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 148%
• 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 84.35,
• 5. Levels R: 102.03,
• 6. Levels S: 60.87, 39.12, 34.37, 33.53, 31.74.

Weekly Benchmarks

• (Short-Term) 5 Day: 89.85 Up Trend,
• (Short-Term) 10 Day: 84.38 Up Trend,
• (Intermediate-Term) 20 Day: 80.29 Up Trend,
• (Intermediate-Term) 55 Day: 69.61 Up Trend,
• (Long-Term) 100 Day: 56.54 Up Trend,
• (Long-Term) 200 Day: 52.03 Up Trend.

Recent Trade Signals

• 02 Oct 2026: Short CL 11-26 @ 89.16 Signals.USAR.TR120
• 01 Oct 2026: Long CL 11-26 @ 92.64 Signals.USAR-MSFG
• 29 Sep 2026: Short CL 11-26 @ 92.49 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The weekly structure remains broadly bullish, with price above every benchmark and the intermediate and yearly Fib-grid trends holding positive. Short-term action is corrective and highly volatile after rejection from the 102.03 pivot high; price has fallen below the weekly F0%/NTZ area and recent short-term signals are negative. The current swing-pivot trend remains upward, but the 84.35 pivot-low reversal level defines the nearby structural test, while 102.03 remains the principal overhead resistance. This is a sharp pullback within a stronger higher-timeframe recovery cycle rather than a confirmed long-term trend failure.