USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-12 07:17 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 a short-term downtrend, as indicated by the DTrend in the swing pivots and the downward direction of all key short- and intermediate-term moving averages. Price has recently tested and bounced from a swing low support at 72.04, with the next potential resistance at 75.67 and higher at 81.13. The intermediate-term HiLo trend remains up, suggesting some underlying support, but the prevailing momentum is slow and the price action is consolidating near recent lows. The ATR indicates moderate volatility, while volume remains steady but not elevated. The overall structure suggests a market in a corrective phase after a prior rally, with price consolidating between well-defined support and resistance levels. The neutral stance in the intermediate and long-term fib grid trends, along with the lack of strong directional bias in the monthly and yearly session grids, points to a market awaiting a new catalyst or breakout. Swing traders may observe for signs of reversal or continuation as price approaches key pivot levels.


Chart Analysis ATS AI Generated: 2025-08-12 07:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.