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Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Forecast batch: 8/28/26
WTI/USD's band is still building its audit record. Sigmacast's calibrated band is sized from realized volatility and graded against every terminal close as its audit record builds. Horizon grades appear as each one's history matures — current status is below.
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Composite Economic Index MoM (r=+0.96), CPI Rent of Primary Residence (r=+0.91), Budget Balance (r=+0.88)
Inversely correlated: Bundesanleihe Auction (r=-0.98), Construction Output YoY (r=-0.90), Gross Domestic Product YoY (r=-0.89), GDP Growth Rate YoY (r=-0.87), Industrial Production YoY (r=-0.86)
As of August 28, 2026, WTI/USD is trading at 0.00. Our multi-model Sigmanomics forecast for this commodity generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
Crude Oil WTI Spot (WTI/USD) is a commodity instrument tracked by the Sigmanomics analytics platform. The WTI/USD commodity closed at 82.7347 on August 28, 2026, reflecting a gain of 0.58% from the previous close of 82.2562.
Over the past 30 days, the commodity has experienced a strong downtrend with a decline of 8.59%, ranging between 73.4841 and 90.6843. The price currently trades above its 20-day moving average of 81.7417. The 14-day RSI stands at 51.9, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 2.98%, reflecting typical price variability for this commodity. Across the past 52 weeks, the commodity has traded between 54.9000 and 118.83, with the current price near the midrange of that range.
Daily-return volatility of 2.98% runs elevated for this commodity, so price ranges are likely to stay wide — watch how price behaves around its recent range rather than treating any single level as fixed. WTI/USD is currently trading 1.21% above its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 51.9, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Aug 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.CL1 refers to the front-month NYMEX Light Sweet Crude Oil futures contract, also known as WTI (West Texas Intermediate). It is the most actively traded crude oil futures contract globally and the primary benchmark for North American oil prices. Each contract represents 1,000 barrels of crude oil deliverable in Cushing, Oklahoma.
CL1 is driven by global oil supply and demand fundamentals: OPEC+ production decisions, US shale output and rig counts, weekly EIA inventory data, geopolitical risk premiums (Middle East, Russia/Ukraine), USD strength (inverse correlation), and demand expectations tied to global GDP forecasts.