USO United States Oil Fund LP Weekly Chart Analysis: 2025-Oct-16 07:19 CT
Price Action
- Last: 73.79,
- 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 68.99,
- 4. Pvt. Next: Pvt high 83.45,
- 5. Levels R: 92.20, 84.58, 83.45,
- 6. Levels S: 68.99, 60.67, 59.78, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 72.43 Down Trend,
- (Intermediate-Term) 10 Week: 73.74 Down Trend,
- (Long-Term) 20 Week: 74.46 Down Trend,
- (Long-Term) 55 Week: 73.79 Down Trend,
- (Long-Term) 100 Week: 72.43 Down Trend,
- (Long-Term) 200 Week: 70.00 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 68.99 and the next significant resistance at 83.45, suggesting the market is closer to support than resistance. Intermediate-term HiLo trend remains up, but all key weekly moving averages (5, 10, 20, 55, 100) are in a downtrend, except for the 200-week which is still up, highlighting a longer-term base but recent weakness. The price is sitting within the yearly and monthly NTZ (neutral zones), and all session fib grid trends are neutral, reflecting a market in balance without a clear breakout or breakdown. Resistance levels are stacked above, while multiple support levels below could act as potential floors if selling resumes. The overall structure points to a choppy, range-bound environment with no clear trend dominance, and the market is likely to remain sensitive to external catalysts or news events for directional cues.
Chart Analysis ATS AI Generated: 2025-10-16 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.