USO United States Oil Fund LP Weekly Chart Analysis: 2025-Sep-09 07:18 CT

Price Action

• Last: 73.99,
• 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 66.75,
• 4. Pvt. Next: Pvt high 84.58,
• 5. Levels R: 92.20, 84.58, 83.46,
• 6. Levels S: 66.75, 60.67, 59.78, 57.83, 56.16.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.04 Down Trend,
• (Intermediate-Term) 10 Week: 71.90 Down Trend,
• (Long-Term) 20 Week: 73.99 Neutral,
• (Long-Term) 55 Week: 73.04 Neutral,
• (Long-Term) 100 Week: 79.39 Down Trend,
• (Long-Term) 200 Week: 71.90 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, suggesting mixed signals and a choppy environment. Price is hovering near key moving averages, with the 5- and 10-week benchmarks trending down, while the longer-term 200-week average is still in an uptrend, reflecting a market in transition. Major resistance levels are overhead at 84.58 and 83.46, while support is layered below at 66.75 and further down to 56.16. The neutral bias across the Weekly, Monthly, and Yearly Session Fib Grids, combined with the current technical structure, points to a market in consolidation, lacking a clear breakout or breakdown. This environment is typical of a market awaiting a catalyst, with potential for volatility should price test and reject at key resistance or support levels. Futures swing traders may observe for signs of trend continuation or reversal, as the current setup favors range-bound strategies until a decisive move emerges.