USO United States Oil Fund LP Weekly Chart Analysis: 2025-Sep-03 07:18 CT

Price Action

WSFG Weekly

MSFG Month Sep

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently trading at 76.76, with recent weekly bars showing large ranges and average momentum, indicating heightened volatility. The short-term swing pivot trend is down, suggesting recent weakness, but the intermediate-term HiLo trend remains up, reflecting underlying support from prior higher lows. Price is consolidating within the yearly NTZ, with no clear directional bias from the session fib grids across all timeframes, reinforcing a neutral stance in the broader context. Resistance is layered above at 78.85, 80.50, and the significant 84.58–84.83 zone, while support is found at 71.56 and 69.67, with deeper levels at 59.78 and 57.83. Most benchmark moving averages (5, 10, 20, 55, 100 week) are trending up, but the 200-week MA is still in a downtrend, highlighting a longer-term transition phase. Recent price action reflects a choppy, range-bound environment, with failed breakouts and quick reversals near resistance. The market is oscillating between key swing levels, with no sustained trend, typical of a consolidation phase after prior volatility spikes. This environment favors mean reversion and swing trading strategies, as directional conviction is lacking. The overall structure suggests the market is waiting for a catalyst to resolve the current range, with both upside and downside levels clearly defined for future swing opportunities.


Chart Analysis ATS AI Generated: 2025-09-03 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.