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

Price Action

Last: 67.83,
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 67.83,
4. Pvt. Next: Pvt high 69.38,
5. Levels R: 74.13, 78.32, 81.13, 83.46,
6. Levels S: 65.96.

Daily Benchmarks

(Short-Term) 5 Day: 69.06 Down Trend,
(Short-Term) 10 Day: 70.88 Down Trend,
(Intermediate-Term) 20 Day: 73.08 Down Trend,
(Intermediate-Term) 55 Day: 73.55 Down Trend,
(Long-Term) 100 Day: 74.21 Down Trend,
(Long-Term) 200 Day: 72.46 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 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 downtrend, with the most recent pivot low at 67.83 and the next potential reversal only above 69.38, while resistance levels are stacked well above current price, and the nearest support is at 65.96. The ATR remains elevated, indicating persistent volatility, and volume is robust, suggesting active participation in the current move. The price is trading well below all major moving averages, and the overall structure points to a continuation of the bearish trend unless a significant reversal signal emerges. The market appears to be in a strong trend phase rather than a consolidation, with no immediate signs of exhaustion or reversal.