USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-06 07:21 CT

Price Action

• Last: 73.82,
• 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 67.75,
• 4. Pvt. Next: Pvt high 83.46,
• 5. Levels R: 92.20, 84.58, 83.46,
• 6. Levels S: 67.75, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 72.70 Down Trend,
• (Intermediate-Term) 10 Week: 72.03 Down Trend,
• (Long-Term) 20 Week: 73.82 Down Trend,
• (Long-Term) 55 Week: 77.20 Down Trend,
• (Long-Term) 100 Week: 77.74 Down Trend,
• (Long-Term) 200 Week: 71.00 Up Trend.

Overall Rating

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

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 the yearly NTZ, with momentum slowing and medium-sized bars indicating a lack of strong directional conviction. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, suggesting a tug-of-war between recent selling pressure and a broader base of support. Key resistance levels are clustered at 83.46, 84.58, and 92.20, while support is found at 67.75, 59.78, and 57.83. All major moving averages except the 200-week are trending down, reinforcing the short-term bearish bias, but the 200-week MA uptrend hints at underlying long-term support. The overall structure points to a choppy, range-bound environment with potential for mean reversion trades as the market awaits a catalyst for a decisive breakout or breakdown. Futures swing traders may note the lack of clear trend continuation, with price cycling between support and resistance, and should be attentive to any emerging volatility or breakout signals.