USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-04 07:17 CT
Price Action
- Last: 77.46,
- Bars: Large,
- 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 61.97,
- 4. Pvt. Next: Pvt high 84.85,
- 5. Levels R: 92.20, 84.85, 84.58, 83.46,
- 6. Levels S: 61.97, 60.67, 59.78, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 75.31 Up Trend,
- (Intermediate-Term) 10 Week: 74.64 Up Trend,
- (Long-Term) 20 Week: 77.13 Up Trend,
- (Long-Term) 55 Week: 74.25 Down Trend,
- (Long-Term) 100 Week: 71.36 Down Trend,
- (Long-Term) 200 Week: 71.36 Down Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Neutral.
Key Insights Summary
The USO weekly chart shows a fast momentum move with large bars, indicating heightened volatility and strong price swings. The short-term swing pivot trend is down, suggesting recent selling pressure, but the intermediate-term HiLo trend remains up, reflecting underlying strength from previous higher lows. Price is currently near the upper end of the NTZ (neutral zone) and just above the 20-week moving average, which is trending up, while the longer-term 55, 100, and 200-week moving averages are still in a downtrend, highlighting a mixed long-term outlook. Resistance is clustered in the mid-80s to low-90s, while support is well-defined in the low 60s. The overall structure points to a market in transition, with short-term weakness but intermediate-term resilience, and a long-term trend that has yet to fully reverse. This environment is typical of a market consolidating after a strong move, with potential for both sharp pullbacks and quick recoveries as price tests key support and resistance levels.
Chart Analysis ATS AI Generated: 2025-08-04 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.