CL Crude Oil Futures Weekly Chart Analysis: 2026-Nov-05 07:02 CT

Price Action

• Last: 105.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -165%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -67%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 152%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt high 104.89,
• 4. Pvt. Next: Pvt low 87.73,
• 5. Levels R: 104.89,
• 6. Levels S: 59.70, 37.95, 32.36, 31.20, 15.29.

Weekly Benchmarks

• (Short-Term) 5 Day: 97.44 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: 52.49 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

Overall Rating

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

Key Insights Summary

CL is displaying a powerful, high-volatility weekly advance, with price at 105.00 and extended materially above every benchmark average. The major trend structure remains bullish, supported by a rising 20, 55, 100, and 200-period benchmark alignment and price well above the yearly F0%/NTZ zone. However, the weekly and monthly Fib-grid readings remain down while recent WSFG and MSFG signals are short, defining a counter-trend condition beneath a strong long-term advance. The current pivot is a 104.89 high, with 87.73 identified as the next pivot-low reversal level; the market is testing new highs with fast momentum and large weekly bars following a sharp V-shaped recovery from the 59.70 pivot support.