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

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently exhibiting a slow momentum pullback, with price action consolidating near recent swing lows. The short-term trend is bearish, as indicated by the downward swing pivot and all key weekly moving averages trending lower except the 200-week, which remains in a long-term uptrend. Intermediate and long-term trends are neutral, with price oscillating within the yearly NTZ and no clear directional bias from the session fib grids. Resistance is stacked above at 74.72 and higher, while support is clustered near 67.98 and lower. The market is in a consolidation phase, with choppy price action and no strong breakout or breakdown signals. This environment suggests a wait-and-see approach as the market digests prior moves, with potential for volatility should price test key support or resistance levels.


Chart Analysis ATS AI Generated: 2025-10-20 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.