USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-03 18:12 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently consolidating after a recent pullback from swing highs, with price action showing medium-sized bars and average momentum. The short-term swing pivot trend has shifted to a downtrend, but the intermediate-term HiLo trend remains in an uptrend, indicating underlying strength. Price is holding above key intermediate and long-term moving averages, all of which are trending higher, supporting a bullish bias for the medium and long term. Resistance is layered above at 79.81, 81.13, and 83.13, while support is found at 77.19, 74.58, and 71.97. The ATR and volume metrics suggest moderate volatility and participation. Overall, the chart reflects a market in a corrective phase within a broader uptrend, with the potential for further consolidation or a resumption of the upward move if support levels hold and momentum returns.


Chart Analysis ATS AI Generated: 2025-08-03 18:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.