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

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The USO weekly chart reflects a market in consolidation after a recent swing low, with price action showing medium-sized bars and slow momentum. The short-term trend is bearish, as indicated by the current swing pivot downtrend and all key weekly moving averages (5, 10, 20, 55, 100) trending lower, except for the 200-week which remains in an uptrend. Intermediate-term signals are mixed, with the HiLo trend up but price still below several resistance levels. Long-term structure is neutral, with price oscillating within the yearly NTZ and no clear directional bias from the session fib grids. The market is currently testing support at 67.98, with major resistance overhead at 74.72 and higher. The overall environment suggests a choppy, range-bound market with no strong directional conviction, typical of a consolidation phase following a significant retracement. Futures swing traders may observe for potential breakout or reversal signals as price approaches key support or resistance levels, while being mindful of the prevailing slow momentum and lack of clear trend continuation.


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.