USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-19 18:16 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

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 DTrend (downtrend) both short and intermediate term, with the most recent pivot low established at 67.96 and the next potential reversal only at 74.13, indicating significant room before any meaningful resistance is tested. Resistance levels are stacked well above current price, while the nearest support is at 65.96. The ATR remains elevated, reflecting heightened volatility, and volume is robust, supporting the strength of the current move. The overall technical landscape suggests a persistent bearish cycle, with no immediate signs of reversal or stabilization. The market appears to be in a strong trend phase rather than a consolidation or choppy environment, and recent price action is consistent with a trend continuation following a breakdown from prior support levels.


Chart Analysis ATS AI Generated: 2025-10-19 18:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.