USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-05 07:23 CT

Price Action

• Last: 71.93,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt low 71.93,
• 4. Pvt. Next: Pvt high 83.46,
• 5. Levels R: 92.20, 84.58, 83.46,
• 6. Levels S: 67.75, 66.07, 59.78, 57.83, 57.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 73.82 Down Trend,
• (Intermediate-Term) 10 Week: 72.70 Down Trend,
• (Long-Term) 20 Week: 71.74 Down Trend,
• (Long-Term) 55 Week: 77.19 Down Trend,
• (Long-Term) 100 Week: 77.00 Down Trend,
• (Long-Term) 200 Week: 71.93 Down Trend.

Overall Rating

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

Key Insights Summary

USO is currently exhibiting a slow momentum environment with medium-sized weekly bars, reflecting a lack of strong directional conviction. The short-term swing pivot trend is down, confirmed by the recent pivot low at 71.93, while the next significant resistance is at 83.46. Intermediate-term HiLo trend remains up, suggesting some underlying support, but this is countered by all benchmark moving averages trending down, indicating persistent long-term weakness. Price is consolidating within the yearly NTZ, with no clear breakout above or below the neutral zone, and the overall Fib grid bias remains neutral across all timeframes. Multiple support levels cluster in the mid-to-high 60s, while resistance is stacked in the low-to-mid 80s and above. The technical landscape points to a market in consolidation after a prior selloff, with a bearish tilt in the short and long term, but some intermediate-term resilience. Volatility is subdued, and the chart structure suggests a choppy, range-bound environment with no imminent breakout signal.