USO United States Oil Fund LP Daily Chart Analysis: 2025-Oct-29 07:15 CT

Price Action

• Last: 71.39,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt low 71.11,
• 4. Pvt. Next: Pvt high 73.78,
• 5. Levels R: 83.46, 81.13, 78.32, 74.25,
• 6. Levels S: 66.98, 65.96.

Daily Benchmarks

• (Short-Term) 5 Day: 73.37 Down Trend,
• (Short-Term) 10 Day: 72.71 Down Trend,
• (Intermediate-Term) 20 Day: 74.36 Down Trend,
• (Intermediate-Term) 55 Day: 74.00 Down Trend,
• (Long-Term) 100 Day: 73.11 Down Trend,
• (Long-Term) 200 Day: 71.10 Down Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

USO is currently experiencing a strong downward move, as indicated by large bars and fast momentum, with the last price at 71.39. The short-term swing pivot trend is down, and all key moving averages across short, intermediate, and long-term timeframes are trending lower, reinforcing a bearish technical environment. The most recent pivot is a low at 71.11, with the next potential reversal at a swing high of 73.78. Resistance levels are stacked well above current price, while support is found at 66.98 and 65.96, suggesting room for further downside if selling persists. The intermediate-term HiLo trend remains up, hinting at some underlying support, but the overall structure is dominated by recent aggressive selling. Volatility is elevated (ATR 138), and volume is moderate. The market appears to be in a corrective phase after a failed attempt to hold above the 74-75 area, with a possible test of lower support zones if momentum continues. No clear reversal signals are present, and the environment favors trend-following strategies on the short side until a significant pivot or moving average recapture occurs.