USO United States Oil Fund LP Weekly Chart Analysis: 2025-Oct-29 07:15 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 with a slight bearish tilt in the short term. Price action is contained within a medium range, and momentum is slow, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, suggesting mixed signals and a potential for choppy price action. Key resistance levels are clustered in the low-to-mid 80s, while support is established in the low 70s and upper 60s. All major moving averages except the 200-week are trending down, reinforcing the short-term bearish bias, but the long-term trend remains neutral as price hovers near key averages. The market appears to be in a broad range, with no clear breakout or breakdown, and is likely to remain sensitive to external catalysts or shifts in broader energy market sentiment.


Chart Analysis ATS AI Generated: 2025-10-29 07:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.