
USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-01 07:18 CT
Price Action
- Last: 79.59,
- Bars: Medium,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Aug
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2025
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 83.13,
- 4. Pvt. Next: Pvt low 76.81,
- 5. Levels R: 83.46, 83.13, 81.19, 80.00,
- 6. Levels S: 76.81, 74.44, 71.97, 71.60, 65.96, 61.75.
Daily Benchmarks
- (Short-Term) 5 Day: 77.70 Up Trend,
- (Short-Term) 10 Day: 76.73 Up Trend,
- (Intermediate-Term) 20 Day: 76.36 Up Trend,
- (Intermediate-Term) 55 Day: 74.39 Up Trend,
- (Long-Term) 100 Day: 71.18 Up Trend,
- (Long-Term) 200 Day: 73.30 Up Trend.
Additional Metrics
- ATR: 138,
- VOLMA: 2,577,640.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO is exhibiting strong bullish momentum across all timeframes, with price action supported by a series of higher highs and higher lows. The most recent swing pivot is a high at 83.13, with the next key support at 76.81, indicating a healthy pullback zone if price retraces. All benchmark moving averages are trending upward, confirming the strength of the current uptrend. The ATR remains elevated, reflecting ongoing volatility, while volume is robust, supporting the price advance. The chart shows a clear breakout from consolidation in June, followed by a sharp rally and a minor retracement, suggesting trend continuation. No significant resistance is seen until the 83.46 level, while multiple support levels below provide a cushion for any corrective moves. The overall structure is constructive for swing traders, with the trend and momentum favoring continuation patterns and potential for further upside as long as key support levels hold.
Chart Analysis ATS AI Generated: 2025-08-01 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.