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

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -159%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -62%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 155%
• 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 104.89,
• 4. Pvt. Next: Pvt low 87.73,
• 5. Levels R: 104.89,
• 6. Levels S: 89.70, 37.95, 32.36, 31.20, 15.29.

Weekly Benchmarks

• (Short-Term) 5 Day: 97.41 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

Overall Rating

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

Key Insights Summary

CL has produced a powerful, fast-momentum weekly advance to 105.00, extending above all six rising benchmark averages and maintaining a major higher-high/higher-low structure. The latest swing pivot is a high at 104.89, placing the market at resistance while the next opposite pivot threshold is 87.73. Weekly and monthly fib-grid readings remain below their F0% levels despite the price surge, creating a counter-trend bearish grid condition against bullish pivot and moving-average structure. The yearly grid remains decisively positive, supporting the long-term uptrend. The chart is volatile and extended, with 104.89 as the immediate pivot resistance reference and 89.70 as the nearest meaningful swing support.