USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-10 18:11 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 experiencing fast momentum with large daily bars, indicating heightened volatility and active price swings. The short-term trend has shifted to the downside (DTrend), confirmed by both the 5-day and 10-day moving averages trending lower, and the 20-day MA also turning down. However, intermediate and long-term moving averages (55, 100, and 200-day) remain in uptrends, suggesting underlying bullish structure despite the recent pullback. Swing pivots show a recent pivot low at 72.09, with the next potential resistance at 75.67 and significant resistance overhead at 81.13 and 83.46. Support levels are layered below, with the nearest at 72.09 and 71.97. The ATR is elevated, reflecting increased volatility, while volume remains robust. The overall structure points to a short-term bearish phase within a broader bullish context, with the market potentially consolidating or retracing after a strong prior rally. Futures swing traders should note the potential for further downside in the short term, but the longer-term uptrend remains intact unless key support levels are broken.


Chart Analysis ATS AI Generated: 2025-08-10 18:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.