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

Price Action

• Last: 101.37,
• Bars: Large,
• Mom: fast.

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 84.15,
• 5. Levels R: 101.37,
• 6. Levels S: 59.70, 37.95, 33.20, 32.36, 30.57.

Weekly Benchmarks

• (Short-Term) 5 Day: 93.16 Up Trend,
• (Short-Term) 10 Day: 87.98 Up Trend,
• (Intermediate-Term) 20 Day: 80.08 Up Trend,
• (Intermediate-Term) 55 Day: 71.01 Up Trend,
• (Long-Term) 100 Day: 56.85 Up Trend,
• (Long-Term) 200 Day: 51.62 Up Trend.

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 is in a broad multi-timeframe advance, with price extended above all rising benchmark averages and above the yearly F0%/NTZ structure. Large weekly bars and the rapid push into 101.37 reflect fast upside momentum and elevated volatility. The pivot structure remains higher-high/higher-low bullish, although 101.37 is the active pivot-high resistance and 84.15 defines the next swing-pivot reversal reference. The move has the character of a strong breakout continuation following the 2026 recovery from the 37.95 area, with the 93.16 and 87.98 short-term benchmarks marking the nearest underlying trend structure.