CL Crude Oil Futures Weekly Chart Analysis: 2026-Oct-06 07:02 CT

Price Action

• Last: 86.87,
• 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: -9%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 141%
• 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 84.65,
• 5. Levels R: 102.03,
• 6. Levels S: 86.87, 39.12, 34.37, 33.53, 31.74.

Weekly Benchmarks

• (Short-Term) 5 Day: 92.34 Down Trend,
• (Short-Term) 10 Day: 85.11 Up Trend,
• (Intermediate-Term) 20 Day: 81.52 Up Trend,
• (Intermediate-Term) 55 Day: 70.33 Up Trend,
• (Long-Term) 100 Day: 56.99 Up Trend,
• (Long-Term) 200 Day: 52.24 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

Price is undergoing a fast, high-volatility retracement from the 102.03 pivot high, with the weekly grid and recent short-term signals aligned lower. The 86.87 area is immediate pivot support, while 84.65 is the reversal threshold for a new swing low. Despite the short-term decline, the larger structure remains constructive: price holds above the rising 10, 20, 55, 100, and 200-week benchmarks, the yearly grid remains positive, and the intermediate/long-term pivot structure retains an upward bias. The current pattern reflects a sharp countertrend pullback within a broader advance rather than a confirmed long-term trend reversal.