CL Crude Oil Futures Daily Chart Analysis: 2026-Oct-23 07:02 CT

Price Action

• Last: 99.62,
• Bars: Small,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: 186%
• 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 101.37,
• 4. Pvt. Next: Pvt low 94.05,
• 5. Levels R: 101.37, 101.37,
• 6. Levels S: 85.69, 73.73, 67.44, 59.70, 53.78.

Daily Benchmarks

• (Short-Term) 5 Day: 98.40 Up Trend,
• (Short-Term) 10 Day: 95.86 Up Trend,
• (Intermediate-Term) 20 Day: 92.77 Up Trend,
• (Intermediate-Term) 55 Day: 88.46 Up Trend,
• (Long-Term) 100 Day: 80.59 Up Trend,
• (Long-Term) 200 Day: 74.76 Up Trend.

Additional Metrics

• ATR: 211,
• VOLMA: 345883.

Recent Trade Signals

• 23 Oct 2026: Long CL 12-26 @ 100.72 Signals.USAR.TR120
• 23 Oct 2026: Long CL 12-26 @ 100.36 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

CL remains in a broad daily-chart advance, with price above every benchmark moving average and all benchmark trends aligned upward. The recent decline from the 101.37 pivot high appears as a pullback within that larger uptrend, followed by a rebound that has restored price above the weekly and monthly Fib-grid centers. Near-term action remains below the 101.37 pivot resistance, while 94.05 defines the next swing-pivot reversal level. The current structure shows higher-level trend strength with moderate momentum rather than an extended high-velocity breakout.