USO United States Oil Fund LP Weekly Chart Analysis: 2025-Aug-10 18:11 CT

Price Action

Last: 73.30,
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 66.75,
4. Pvt. Next: Pvt high 84.85,
5. Levels R: 92.20, 84.58, 83.46,
6. Levels S: 66.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 74.14 Down Trend,
(Intermediate-Term) 10 Week: 73.59 Down Trend,
(Long-Term) 20 Week: 75.00 Down Trend,
(Long-Term) 55 Week: 71.48 Up Trend,
(Long-Term) 100 Week: 72.20 Down Trend,
(Long-Term) 200 Week: 71.08 Up Trend.

Overall Rating

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

Key Insights Summary

The USO weekly chart reflects a market in consolidation, with price action oscillating within a broad neutral zone as defined by the yearly and session fib grids. Momentum is slow and bars are of medium size, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, suggesting mixed signals and a choppy environment. Key resistance levels are clustered in the mid-80s to low-90s, while support is well-defined in the mid-60s and below. Most benchmark moving averages are trending down except for the 55- and 200-week, which are slightly up, reinforcing the overall neutral to slightly bearish bias in the medium term. The market appears to be in a holding pattern, with neither bulls nor bears in clear control, and price is currently near the center of the NTZ. This setup is typical of a range-bound market, with potential for volatility should price break out of the established support or resistance zones.