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

Price Action

• Last: 100.17,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -65%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -26%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 176%
• 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 104.99,
• 4. Pvt. Next: Pvt low 87.75,
• 5. Levels R: 104.99,
• 6. Levels S: 89.70, 37.95, 32.36, 31.20, 15.29.

Weekly Benchmarks

• (Short-Term) 5 Day: 97.49 Up Trend,
• (Short-Term) 10 Day: 93.04 Up Trend,
• (Intermediate-Term) 20 Day: 82.49 Up Trend,
• (Intermediate-Term) 55 Day: 73.31 Up Trend,
• (Long-Term) 100 Day: 58.02 Up Trend,
• (Long-Term) 200 Day: 52.19 Up Trend.

Recent Trade Signals

• 02 Nov 2026: Short CL 12-26 @ 100.17 Signals.USAR-MSFG
• 02 Nov 2026: Short CL 12-26 @ 100.72 Signals.USAR-WSFG
• 27 Oct 2026: Short CL 12-26 @ 99.9 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price remains in a powerful long-term advance, trading well above all rising weekly benchmarks and substantially above the yearly F0% area. The recent move has been highly volatile, with large weekly ranges and a rapid recovery from the July swing low near 59.70 into the 104.99 pivot-high resistance. Short- and intermediate-term fib grids remain down and recent system signals are short, reflecting a countertrend retracement phase beneath the 104.99 high. Pivot structure remains broadly constructive, but the current high is evolving; 87.75 is the stated downside reversal level, while 104.99 is the defining overhead swing resistance.