USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-20 07:21 CT

Price Action

Last: 67.96,
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 67.96,
4. Pvt. Next: Pvt high 69.82,
5. Levels R: 83.46, 81.13, 78.32, 74.13,
6. Levels S: 65.96.

Daily Benchmarks

(Short-Term) 5 Day: 69.17 Down Trend,
(Short-Term) 10 Day: 71.75 Down Trend,
(Intermediate-Term) 20 Day: 73.59 Down Trend,
(Intermediate-Term) 55 Day: 73.26 Down Trend,
(Long-Term) 100 Day: 72.74 Down Trend,
(Long-Term) 200 Day: 74.20 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 swing pivot trends (short and intermediate) are in a clear downtrend, and the most recent pivot is a new swing low at 67.96. Resistance levels are stacked well above current price, while the next major support is at 65.96, suggesting a wide gap before the next potential buying interest. All benchmark moving averages across short, intermediate, and long-term timeframes are trending down, reinforcing the bearish structure. The ATR is elevated, indicating heightened volatility, and volume remains robust, supporting the conviction behind the move. The overall technical landscape points to a persistent bearish environment, with no immediate signs of reversal or stabilization. For swing traders, the prevailing trend is clearly to the downside, with the market in a strong trending phase rather than consolidation or choppy action.