USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-08 07:19 CT

Price Action

• Last: 73.69,
• 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 71.49,
• 4. Pvt. Next: Pvt high 75.44,
• 5. Levels R: 84.86, 83.46, 81.13, 78.32, 75.44,
• 6. Levels S: 71.49, 68.07, 65.96, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 73.20 Down Trend,
• (Short-Term) 10 Day: 73.69 Down Trend,
• (Intermediate-Term) 20 Day: 74.08 Down Trend,
• (Intermediate-Term) 55 Day: 74.74 Down Trend,
• (Long-Term) 100 Day: 74.99 Down Trend,
• (Long-Term) 200 Day: 73.30 Down Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

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 the swing pivot summary and the alignment of all benchmark moving averages in a downward trajectory. Price action is consolidating near the lower end of the recent range, with momentum remaining slow and bars of medium size, suggesting a lack of strong directional conviction. The intermediate and long-term session fib grid trends are neutral, reflecting a broader consolidation phase after the previous uptrend. Key resistance levels are stacked above at 75.44, 78.32, and higher, while support is found at 71.49 and below. The ATR remains elevated, indicating persistent volatility, but volume is moderate. The market appears to be in a corrective or consolidative phase following a prior rally, with no clear breakout or breakdown signal at present. Swing traders may observe for potential mean reversion or trend continuation setups as the market tests support and resistance levels within this neutral-to-bearish short-term environment.