USO United States Oil Fund LP Weekly Chart Analysis: 2025-Nov-12 07:22 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently trading in a broad consolidation range, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, supported by all key weekly moving averages (5, 10, 20, 55, 100) trending lower, except for the 200-week which remains slightly up. Intermediate-term HiLo trend is up, suggesting some underlying support, but the overall structure is neutral as price oscillates within the NTZ (neutral zone) of the yearly and monthly session fib grids. Resistance levels are stacked above at 72.28, 77.08, 78.44, 83.46, 84.58, and 92.20, while support is found at 66.75, 60.67, 59.78, and 57.83. The market is in a choppy, range-bound phase, with no clear breakout or breakdown, and is likely to remain sensitive to macro news, seasonals, and energy sector developments. Futures swing traders should note the prevailing short-term bearish bias, but also recognize the potential for mean reversion or range trading until a decisive move occurs outside the established support/resistance bands.


Chart Analysis ATS AI Generated: 2025-11-12 07:22 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.