USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-03 07:19 CT

Price Action

• Last: 71.54,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Oct

• 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 71.24,
• 4. Pvt. Next: Pvt High 73.54,
• 5. Levels R: 84.86, 83.46, 81.13, 78.32, 74.48, 73.18, 73.13,
• 6. Levels S: 71.24, 65.96, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 73.72 Down Trend,
• (Short-Term) 10 Day: 74.47 Down Trend,
• (Intermediate-Term) 20 Day: 74.47 Down Trend,
• (Intermediate-Term) 55 Day: 73.72 Down Trend,
• (Long-Term) 100 Day: 74.47 Down Trend,
• (Long-Term) 200 Day: 73.72 Down Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is currently experiencing a short-term downtrend, as indicated by the DTrend in swing pivots and all short-term and intermediate-term moving averages trending down. The last price of 71.54 is near a recent swing low (71.24), with resistance levels stacked above in the mid-70s and 80s, suggesting significant overhead supply. The intermediate-term HiLo trend remains up, but price action has lost momentum and is consolidating near support. The ATR is moderate, and volume is average, indicating no extreme volatility. The overall structure shows a market in a corrective phase after a previous rally, with the potential for further consolidation or a test of lower support if the current swing low fails. No clear breakout or reversal signals are present, and the broader trend context remains neutral to bearish in the short term, with longer-term trends still undecided.