USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-02 18:21 CT

Price Action

• Last: 73.79,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• 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 72.40,
• 4. Pvt. Next: Pvt high 83.46,
• 5. Levels R: 92.20, 84.56, 83.46,
• 6. Levels S: 72.40, 66.07, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.45 Down Trend,
• (Intermediate-Term) 10 Week: 73.79 Down Trend,
• (Long-Term) 20 Week: 75.62 Down Trend,
• (Long-Term) 55 Week: 72.40 Up Trend,
• (Long-Term) 100 Week: 74.99 Down Trend,
• (Long-Term) 200 Week: 72.24 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently exhibiting a slow momentum environment with medium-sized weekly bars, reflecting a period of consolidation within a broad neutral zone. The price is hovering near the lower end of the recent range, with the last swing pivot low at 72.40 acting as immediate support and the next significant resistance at 83.46. Both short-term and intermediate-term swing pivot trends are down, confirmed by the downward direction of the 5, 10, 20, and 100-week moving averages. However, the 55 and 200-week moving averages are still in an uptrend, providing a longer-term neutral undertone. The price remains within the yearly and monthly NTZ (neutral trading zones), indicating a lack of clear directional conviction. The overall structure suggests a choppy, range-bound market with a bearish tilt in the short and intermediate term, while the long-term outlook remains neutral as the market awaits a decisive breakout or breakdown from the current consolidation phase. No strong trend continuation or reversal signals are present, and the market is likely to remain sensitive to macro news, seasonality, and energy sector developments.