USO United States Oil Fund LP Weekly Chart Analysis: 2025-Oct-10 07:19 CT

Price Action

• Last: 73.81,
• 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-1,
• (Intermediate-Term) 2. HiLo Trend: UTrend 4, DTrend 4,
• 3. Pvt. Evolve: Pvt low 72,
• 4. Pvt. Next: Pvt high 84,
• 5. Levels R: 92.20, 84.58, 83.46,
• 6. Levels S: 75.88, 66.07, 59.78, 57.83, 46.16.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.81 Down Trend,
• (Intermediate-Term) 10 Week: 72.51 Down Trend,
• (Long-Term) 20 Week: 75.06 Down Trend,
• (Long-Term) 55 Week: 73.81 Down Trend,
• (Long-Term) 100 Week: 72.51 Down Trend,
• (Long-Term) 200 Week: 66.07 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, with the most recent pivot low at 72 and the next potential pivot high at 84, suggesting a possible range-bound environment. Resistance levels are clustered at 83.46, 84.58, and 92.20, while support is layered at 75.88, 66.07, 59.78, 57.83, and 46.16, highlighting a wide trading band. All key weekly moving averages (5, 10, 20, 55, 100) are in a downtrend except the 200-week, which remains in an uptrend, reflecting longer-term structural support but short-term and intermediate-term weakness. The Weekly, Monthly, and Yearly Session Fib Grids all indicate a neutral bias, reinforcing the current consolidation and lack of a clear breakout or breakdown. Overall, the chart reflects a market in a corrective or sideways phase, with no strong trend dominance, and a need for a decisive move above resistance or below support to establish a new directional bias.