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

Price Action

• Last: 73.71,
• 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 69.67,
• 4. Pvt. Next: Pvt high 83.46,
• 5. Levels R: 92.20, 84.58, 83.46, 78.96,
• 6. Levels S: 69.67, 66.07, 59.78, 57.83, 46.16.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.71 Down Trend,
• (Intermediate-Term) 10 Week: 73.30 Down Trend,
• (Long-Term) 20 Week: 74.81 Down Trend,
• (Long-Term) 55 Week: 72.34 Up Trend,
• (Long-Term) 100 Week: 72.34 Up Trend,
• (Long-Term) 200 Week: 72.34 Up Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• 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, while the intermediate-term HiLo trend remains up, reflecting mixed signals and a choppy environment. Price is hovering near key moving averages, all of which are tightly clustered and mostly flat to slightly down, reinforcing the neutral to bearish short-term outlook. Major resistance levels are overhead at 83.46, 84.58, and 92.20, while support is established at 69.67 and lower at 66.07 and 59.78. The yearly, monthly, and weekly session fib grids all indicate a neutral bias, with price oscillating around the NTZ (neutral zone) and no clear breakout or breakdown. Overall, the chart suggests a market in balance, with no dominant trend, and a tendency for mean reversion within the established range. Futures swing traders may note the lack of momentum and the potential for continued range-bound price action unless a significant catalyst emerges to drive a breakout above resistance or a breakdown below support.