USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-06 07:19 CT
Price Action
- Last: 75.02,
- Bars: Medium,
- Mom: Momentum average.
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 66.75,
- 4. Pvt. Next: Pvt High 83.46,
- 5. Levels R: 92.20, 84.58, 83.46, 81.09,
- 6. Levels S: 66.75, 59.78, 57.83, 56.75.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 74.14 Down Trend,
- (Intermediate-Term) 10 Week: 72.22 Up Trend,
- (Long-Term) 20 Week: 75.48 Up Trend,
- (Long-Term) 55 Week: 74.26 Up Trend,
- (Long-Term) 100 Week: 74.68 Up Trend,
- (Long-Term) 200 Week: 71.48 Up Trend.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO is currently trading in a medium-range bar environment with average momentum, reflecting a period of consolidation after recent volatility. The short-term trend is neutral, as indicated by the WSFG and the most recent swing pivot direction (DTrend), suggesting a pause or indecision in immediate price action. Intermediate and long-term trends remain bullish, supported by the majority of moving averages trending upward and the HiLo swing trend showing an uptrend. Key resistance levels are clustered in the low-to-mid 80s, while support is well-defined in the mid-60s to high-50s range, indicating a broad trading range. The price is currently near several long-term moving averages, hinting at a potential inflection point. The chart structure shows repeated tests of both support and resistance, with no clear breakout, suggesting a choppy, range-bound market. Futures swing traders may interpret this as a market in transition, awaiting a catalyst for a decisive move, with the potential for volatility spikes if either support or resistance zones are breached.
Chart Analysis ATS AI Generated: 2025-08-06 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.