CL Crude Oil Futures Daily Chart Analysis: 2026-Oct-16 07:02 CT

Price Action

• Last: 96.74,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 78%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 47%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 172%
• 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 96.74,
• 4. Pvt. Next: Pvt low 90.20,
• 5. Levels R: 100.86, 100.20, 96.74,
• 6. Levels S: 85.69, 83.73, 67.44, 59.70, 53.78.

Daily Benchmarks

• (Short-Term) 5 Day: 93.33 Up Trend,
• (Short-Term) 10 Day: 91.05 Up Trend,
• (Intermediate-Term) 20 Day: 91.11 Up Trend,
• (Intermediate-Term) 55 Day: 86.43 Up Trend,
• (Long-Term) 100 Day: 79.67 Up Trend,
• (Long-Term) 200 Day: 73.31 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 15 Oct 2026: Long CL 12-26 @ 96.44 Signals.USAR.TR120
• 13 Oct 2026: Long CL 11-26 @ 92.52 Signals.USAR-MSFG
• 13 Oct 2026: Long CL 11-26 @ 92.71 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price is advancing from the early-October pivot low and has reclaimed the 5-, 10-, 20-, and 55-day benchmarks, producing a fast short-term recovery into the 96.74 pivot-high area. Both pivot trend measures remain in UTrend, while the weekly, monthly, and yearly fib-grid biases are above F0%, aligning the short-, intermediate-, and long-term structure positively. The immediate chart focus is the 96.74 pivot high and the overhead 100.20-100.86 resistance band; support is layered at 90.20, 85.69, and 83.73. The broad structure retains higher lows from the August base, and price remains materially above the rising 100- and 200-day averages, confirming a sustained longer-cycle recovery.