USO United States Oil Fund LP Daily Chart Analysis: 2025-Aug-29 07:18 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 trading in a consolidation phase, with price action hovering near key support levels in the low $70s and resistance in the low $80s. The short-term swing pivot trend is up, but the intermediate-term HiLo trend remains down, reflecting a market that is struggling to establish clear direction after a recent pullback from the $81-$83 highs. Moving averages show mixed signals: short-term MAs are in an uptrend, while intermediate-term MAs are trending down, and long-term MAs are neutral to slightly bullish. Volatility (ATR) is moderate, and volume is subdued, suggesting a lack of strong conviction from either buyers or sellers. The market is in a holding pattern, with neither bulls nor bears in clear control, and is likely awaiting a catalyst for a decisive move. Swing traders should note the proximity to support and resistance levels, as a break from this range could set the tone for the next directional move.


Chart Analysis ATS AI Generated: 2025-08-29 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.