USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-05 07:16 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently experiencing fast momentum with large weekly bars, indicating heightened volatility and active price swings. The short-term swing pivot trend has shifted to a downtrend, while the intermediate-term HiLo trend remains up, suggesting a mixed environment with potential for countertrend moves. Price is consolidating near the upper end of the NTZ (neutral zone) but has not broken out decisively, and the F0% bias across all session grids is neutral, reflecting indecision. Key resistance levels are clustered at 83.46, 84.58, and 92.20, while support is layered at 71.48, 70.22, and 69.75, with deeper supports below. The 5- and 10-week moving averages are trending down, reinforcing short-term bearishness, but the 20-, 55-, and 200-week MAs are still in uptrends, providing a longer-term base. The overall structure suggests a market in transition, with short-term weakness but underlying intermediate and long-term support, typical of a choppy, range-bound environment where swing traders may look for mean reversion or breakout confirmation.


Chart Analysis ATS AI Generated: 2025-08-05 07:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.