USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-16 07:19 CT

Price Action

• Last: 69.00,
• Bars: Large,
• Mom: Momentum fast.

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: DTrend,
• 3. Pvt. Evolve: Pvt low 68.51,
• 4. Pvt. Next: Pvt high 70.85,
• 5. Levels R: 83.46, 81.13, 78.32, 74.13,
• 6. Levels S: 65.96.

Daily Benchmarks

• (Short-Term) 5 Day: 70.17 Down Trend,
• (Short-Term) 10 Day: 71.75 Down Trend,
• (Intermediate-Term) 20 Day: 73.64 Down Trend,
• (Intermediate-Term) 55 Day: 74.19 Down Trend,
• (Long-Term) 100 Day: 74.07 Down Trend,
• (Long-Term) 200 Day: 73.13 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

USO is exhibiting pronounced downside momentum, with large daily bars and fast momentum confirming strong selling pressure. All benchmark moving averages across short, intermediate, and long-term horizons are trending down, reinforcing a broad-based bearish environment. The swing pivot structure is in a clear downtrend both short and intermediate term, with the most recent pivot low at 68.51 and the next potential reversal only above 70.85. Resistance levels are stacked well above current price, while the nearest support is at 65.96, suggesting room for further downside movement before encountering major support. The ATR remains elevated, indicating heightened volatility, and volume is robust, supporting the conviction behind the recent move. The overall technical landscape points to a market in a strong corrective or trending phase lower, with no immediate signs of reversal or stabilization. This aligns with a classic swing trading environment favoring trend continuation setups, with the potential for sharp countertrend bounces given the volatility, but the dominant structure remains bearish across all timeframes.