USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-07 07:20 CT

Price Action

• Last: 70.88,
• 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, UTrend, UTrend,
• 3. Pvt. Evolve: Pvt low 70.88,
• 4. Pvt. Next: Pvt high 72.49,
• 5. Levels R: 83.46, 81.13, 78.32, 74.25,
• 6. Levels S: 66.98, 66.65, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 71.78 Down Trend,
• (Short-Term) 10 Day: 71.03 Down Trend,
• (Intermediate-Term) 20 Day: 73.01 Down Trend,
• (Intermediate-Term) 55 Day: 72.52 Down Trend,
• (Long-Term) 100 Day: 74.24 Down Trend,
• (Long-Term) 200 Day: 72.42 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 exhibiting a slow momentum environment with medium-sized bars, reflecting a period of consolidation after a recent swing low at 70.88. The short-term swing pivot trend is down, confirmed by all short, intermediate, and long-term moving averages trending lower. Resistance levels are stacked above, with the nearest at 74.25 and major resistance at 83.46, while support is found at 66.98. The intermediate-term HiLo trend remains up, suggesting some underlying support, but the overall structure is dominated by a bearish bias in both short and long-term outlooks. The ATR indicates moderate volatility, and volume is steady but not elevated. The market appears to be in a corrective phase, with no clear breakout or reversal signal present. This environment is typical of a market digesting prior moves, with potential for further downside unless a significant reversal at the next pivot high (72.49) is triggered. The technical landscape suggests a cautious approach, as the market is neither in a strong trending nor a clear reversal phase, but rather in a choppy, corrective consolidation.