USO United States Oil Fund LP Weekly Chart Analysis: 2025-Sep-29 07:21 CT

Price Action

• Last: 77.02,
• 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 59.78,
• 4. Pvt. Next: Pvt High 83.46,
• 5. Levels R: 92.20, 84.58, 83.46, 80.14, 77.30,
• 6. Levels S: 66.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.86 Up Trend,
• (Intermediate-Term) 10 Week: 72.08 Up Trend,
• (Long-Term) 20 Week: 77.02 Down Trend,
• (Long-Term) 55 Week: 73.69 Up Trend,
• (Long-Term) 100 Week: 72.08 Up Trend,
• (Long-Term) 200 Week: 70.00 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 swing pivot trend is down, but the intermediate-term HiLo trend remains up, suggesting a possible transition phase. Price is hovering near the 20-week moving average, which is in a downtrend, while most other benchmarks (5, 10, 55, 100, 200 week) are in uptrends, reflecting underlying support from longer-term participants. Resistance is layered above at 77.30, 80.14, 83.46, 84.58, and 92.20, while support is well-defined at 66.75, 60.67, 59.78, and 57.83. The neutral bias across the session fib grids (weekly, monthly, yearly) and the clustering of price within the NTZ zones reinforce the current rangebound environment. The chart structure suggests a market in balance, with neither bulls nor bears in clear control, and a tendency for mean reversion within established support and resistance levels. This environment favors swing trading strategies that capitalize on reversals at key levels rather than trend continuation.