USO United States Oil Fund LP Weekly Chart Analysis: 2025-Oct-09 07:20 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

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, supported by the 5- and 10-week moving averages both trending lower, while the intermediate-term HiLo trend remains up, suggesting underlying support from previous higher lows. The price is situated near the center of the yearly NTZ, with all session Fib grid trends (weekly, monthly, yearly) showing a neutral bias, reinforcing the range-bound environment. Key resistance levels are clustered at 83.46, 84.58, and 92.20, while support is found at 69.67 and below. The long-term moving averages (100- and 200-week) are still in an uptrend, but the shorter-term averages are rolling over, reflecting a possible transition phase. Overall, the market is in a choppy, sideways phase with no clear breakout or breakdown, and swing traders may observe for a decisive move outside the established NTZ range to signal the next major trend direction.


Chart Analysis ATS AI Generated: 2025-10-09 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.