USO United States Oil Fund LP Weekly Chart Analysis: 2025-Sep-04 07:19 CT

Price Action

• Last: 74.83,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Sep

• 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 71.56,
• 4. Pvt. Next: Pvt High 85.45,
• 5. Levels R: 92.20, 84.58, 83.46, 85.45,
• 6. Levels S: 66.07, 59.78, 57.83, 52.07, 51.16.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 74.00 Down Trend,
• (Intermediate-Term) 10 Week: 72.83 Down Trend,
• (Long-Term) 20 Week: 74.00 Down Trend,
• (Long-Term) 55 Week: 71.82 Up Trend,
• (Long-Term) 100 Week: 72.83 Down Trend,
• (Long-Term) 200 Week: 71.82 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a broad consolidation range, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, reflecting mixed signals and a choppy environment. All major session Fib grid trends (weekly, monthly, yearly) are neutral, and price is oscillating near key moving averages, which are also split between down and up trends across timeframes. Resistance is layered above at 83.46–92.20, while support is clustered below at 66.07–51.16, suggesting a wide trading band. The overall technical structure points to a market in balance, with neither bulls nor bears in clear control, and a tendency for mean reversion and range-bound swings rather than sustained trending moves. This environment favors swing trading strategies that capitalize on reversals at established support and resistance levels, while trend-following approaches may face whipsaws until a decisive breakout occurs.