CL Crude Oil Futures Weekly Chart Analysis: 2026-Nov-11 07:03 CT

Price Action

• Last: 87.52,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -36%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -86%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 147%
• 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 85.51,
• 5. Levels R: 104.89, 89.00,
• 6. Levels S: 59.70, 37.95, 32.36, 31.20, 15.29.

Weekly Benchmarks

• (Short-Term) 5 Day: 97.59 Down Trend,
• (Short-Term) 10 Day: 94.18 Down Trend,
• (Intermediate-Term) 20 Day: 83.66 Up Trend,
• (Intermediate-Term) 55 Day: 73.93 Up Trend,
• (Long-Term) 100 Day: 58.51 Up Trend,
• (Long-Term) 200 Day: 54.41 Up Trend.

Recent Trade Signals

• 09 Nov 2026: Short CL 12-26 @ 87.52 Signals.USAR.TR120
• 09 Nov 2026: Short CL 12-26 @ 89.45 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

CL remains in a broad bullish recovery structure above rising 20, 55, 100, and 200-week benchmarks, with the yearly grid holding well above its F0% level. Short-term structure has shifted into a sharp, high-volatility pullback from the 104.89 pivot high: price is below the declining 5 and 10-week benchmarks, below the weekly and monthly grid centers, and recent short signals align with that corrective phase. The 85.51 pivot-next level defines the immediate swing inflection, while 89.00 and then 104.89 frame the overhead resistance sequence. The larger pattern retains higher-low characteristics from the 59.70 July pivot, but current large weekly bars reflect fast momentum and a countertrend retracement within the longer-term uptrend.