USO United States Oil Fund LP Weekly Chart Analysis: 2025-Sep-24 07:20 CT

Price Action

Last: 75.05,
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 61.56,
4. Pvt. Next: Pvt High 79.20,
5. Levels R: 92.20, 84.58, 83.46, 79.20,
6. Levels S: 66.75, 60.67, 59.78, 57.83, 56.16.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 73.86 Down Trend,
(Intermediate-Term) 10 Week: 72.08 Up Trend,
(Long-Term) 20 Week: 75.05 Down Trend,
(Long-Term) 55 Week: 73.86 Down Trend,
(Long-Term) 100 Week: 72.08 Up Trend,
(Long-Term) 200 Week: 66.75 Up Trend.

Overall Rating

Short-Term: Neutral,
Intermediate-Term: Bullish,
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 trend is down, as reflected by the most recent swing pivot, but the intermediate-term HiLo trend remains up, suggesting underlying support for higher prices. The price is hovering near key moving averages, with the 5 and 20-week benchmarks in a downtrend, while the 10, 100, and 200-week averages are trending up, highlighting a mixed long-term outlook. Resistance levels are clustered in the low-to-mid 80s, while support is well established in the mid-60s to high-50s. The neutral bias across the session fib grids and the presence of the NTZ (No Trade Zone) suggest a market in balance, awaiting a catalyst for breakout or breakdown. Overall, the chart reflects a market in consolidation, with potential for range-bound trading until a decisive move occurs.