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

Price Action

Last: 73.91,
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 69.66,
4. Pvt. Next: Pvt high 73.44,
5. Levels R: 92.20, 84.58, 83.85, 78.00, 76.00, 72.00,
6. Levels S: 66.75, 60.75, 59.78, 57.83.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 72.83 Down Trend,
(Intermediate-Term) 10 Week: 70.88 Down Trend,
(Long-Term) 20 Week: 72.00 Down Trend,
(Long-Term) 55 Week: 73.91 Down Trend,
(Long-Term) 100 Week: 78.00 Down Trend,
(Long-Term) 200 Week: 70.00 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading at 73.91, with medium-sized weekly bars and slow momentum, 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 mixed environment with recent weakness but underlying support from previous higher lows. Price is consolidating within the yearly and monthly session fib grids, with a neutral bias across all timeframes. Key resistance levels are clustered above at 78.00, 83.85, 84.58, and 92.20, while support is found at 66.75, 60.75, and 57.83. All major moving averages except the 200-week are trending down, reinforcing a cautious stance. The overall structure points to a market in consolidation, with potential for further range-bound action unless a breakout occurs above resistance or below support. Volatility remains moderate, and the chart reflects a choppy, indecisive phase typical of late-cycle or pre-breakout conditions.