CL Crude Oil Futures Weekly Chart Analysis: 2026-Nov-12 15:04 CT
Price Action
- Last: Not legible on the supplied chart,
- Bars: Large,
- Mom: Fast downside momentum.
WSFG Weekly
- Short-Term
- WSFG Current: -19%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Nov
- Intermediate-Term
- MSFG Current: -77%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 153%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: Neutral,
- 3. Pvt. Evolve: Pvt low 83.88,
- 4. Pvt. Next: Pvt high 103.36,
- 5. Levels R: 104.99,
- 6. Levels S: 83.88, 59.70, 37.95, 32.36, 31.20.
Weekly Benchmarks
- (Short-Term) 5 Day: Approximately 97.18 Down Trend,
- (Short-Term) 10 Day: Approximately 94.13 Down Trend,
- (Intermediate-Term) 20 Day: 83.60 Up Trend,
- (Intermediate-Term) 55 Day: 73.93 Up Trend,
- (Long-Term) 100 Day: 58.51 Up Trend,
- (Long-Term) 200 Day: 52.43 Up Trend.
Recent Trade Signals
- 12 Nov 2026: Long CL 12-26 @ 88.93 Signals.USAR.TR120
- 09 Nov 2026: Short CL 12-26 @ 89.45 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
The weekly structure shows a sharp correction from 104.99, with an evolving pivot low at 83.88 close to the rising 20-period benchmark at 83.60. Large weekly ranges reflect elevated volatility rather than orderly consolidation. Short-term conditions remain bearish across the weekly grid, pivot trend and fastest benchmarks; the newer long signal represents a countertrend recovery signal rather than confirmed trend alignment. Intermediate-term evidence is mixed: the monthly grid is falling, the HiLo summary is neutral, and the 20- and 55-period benchmarks remain rising. Longer-term strength persists through the positive yearly grid and rising 100- and 200-period benchmarks. The key structural contrast is a forceful short-term selloff within a broader rising benchmark framework, with 104.99 defining overhead resistance and 83.88 the nearest listed support. The chart alone does not establish a news or seasonal explanation.
Chart Analysis ATS AI Generated: 2026-11-12 15:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.