USO United States Oil Fund LP Daily Chart Analysis: 2025-Sep-08 07:18 CT

Price Action

• Last: 72.63,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 71.56,
• 4. Pvt. Next: Pvt high 74.10,
• 5. Levels R: 83.46, 81.13, 76.96, 74.10,
• 6. Levels S: 71.56, 65.96, 61.75, 60.72.

Daily Benchmarks

• (Short-Term) 5 Day: 74.43 Down Trend,
• (Short-Term) 10 Day: 74.03 Down Trend,
• (Intermediate-Term) 20 Day: 73.48 Down Trend,
• (Intermediate-Term) 55 Day: 73.43 Down Trend,
• (Long-Term) 100 Day: 74.00 Down Trend,
• (Long-Term) 200 Day: 72.00 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently in a corrective phase, with price action showing a clear downside bias across all timeframes. The last price of 72.63 is below all key moving averages, which are aligned in a downtrend, confirming persistent bearish momentum. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 71.56 acting as immediate support, and the next potential reversal only above 74.10. Resistance levels are stacked above, with significant supply at 74.10, 76.96, 81.13, and 83.46, while support is layered at 71.56, 65.96, and lower. The ATR indicates moderate volatility, and volume is steady but not elevated, suggesting no panic selling but a controlled decline. The neutral bias in the session fib grids (weekly, monthly, yearly) points to a lack of strong directional conviction from larger players, possibly reflecting a wait-and-see approach amid macro or seasonal factors. Overall, the technical structure is weak, with no immediate signs of reversal, and the market is likely in a consolidation or retracement phase within a broader downtrend.