USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-06 07:22 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently experiencing a short-term downtrend, as indicated by the DTrend in swing pivots and all major moving averages trending lower. The price has recently tested and bounced from a new swing low at 71.29, with the next potential resistance at 75.44. Intermediate-term structure remains neutral, with the HiLo trend still up, suggesting some underlying support, but the overall momentum is slow and the price is consolidating near recent lows. Volatility is moderate, and volume is steady but not elevated, indicating a lack of strong conviction from either buyers or sellers. The technical landscape is characterized by a series of lower highs and lower lows, with the market currently in a retracement phase after a significant sell-off. The environment is choppy, with no clear breakout or reversal signal, and the price is trading within the monthly NTZ, reflecting indecision. Futures swing traders may note the alignment of bearish signals across short and long-term metrics, while the intermediate-term remains in flux, awaiting a decisive move either above resistance or below support.


Chart Analysis ATS AI Generated: 2025-10-06 07:22 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.