USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-06 07:18 CT

Price Action

Last: 75.02,
Bars: Medium,
Mom: Momentum slow.

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 74.80,
4. Pvt. Next: Pvt high 77.11,
5. Levels R: 83.46, 81.13, 77.11, 74.48,
6. Levels S: 73.31, 71.97, 65.96, 61.75.

Daily Benchmarks

(Short-Term) 5 Day: 75.86 Down Trend,
(Short-Term) 10 Day: 77.27 Down Trend,
(Intermediate-Term) 20 Day: 76.65 Down Trend,
(Intermediate-Term) 55 Day: 71.98 Up Trend,
(Long-Term) 100 Day: 71.80 Up Trend,
(Long-Term) 200 Day: 73.31 Up Trend.

Additional Metrics

ATR:138,
VOLMA:2577640.

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Neutral,
Long-Term: Bullish.

Key Insights Summary

USO is currently experiencing a short-term pullback, with price action showing a slow momentum decline and medium-sized bars. The short-term trend has shifted to the downside, as confirmed by the swing pivot DTrend and the 5, 10, and 20-day moving averages all trending lower. However, the intermediate-term HiLo trend remains upward, and the longer-term moving averages (55, 100, and 200-day) are still in uptrends, suggesting underlying strength in the broader trend. Key resistance levels are clustered above at 77.11, 81.13, and 83.46, while support is found at 73.31 and 71.97. The ATR indicates moderate volatility, and volume remains steady. The market appears to be in a corrective phase within a larger uptrend, with price consolidating after a recent rally and testing support levels. No clear breakout or breakdown is evident, and the overall structure suggests a pause or retracement within a bullish long-term context.