USO United States Oil Fund LP Daily Chart Analysis: 2025-Nov-09 18:15 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently experiencing a slow momentum environment with medium-sized bars, reflecting a lack of strong directional conviction. The short-term swing pivot trend is down (DTrend), and all benchmark moving averages across short, intermediate, and long-term timeframes are in a downtrend, reinforcing a bearish technical structure. The most recent swing low at 66.98 is acting as a key support, while resistance levels are stacked above, with the nearest at 72.41. Intermediate-term HiLo pivots show an uptrend, suggesting some underlying support or potential for a counter-trend bounce, but this is not yet confirmed by price action or moving averages. The ATR indicates moderate volatility, and volume remains steady but not elevated. Overall, the chart reflects a market in a corrective or consolidative phase after a recent selloff, with the potential for further downside unless a reversal above key resistance levels materializes. The environment is choppy, with no clear breakout or trend continuation signal at this time.


Chart Analysis ATS AI Generated: 2025-11-09 18:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.