USO United States Oil Fund LP Daily Chart Analysis: 2025-Dec-01 07:20 CT

Price Action

• Last: 71.07,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Dec

• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 71.30,
• 4. Pvt. Next: Pvt low 69.12,
• 5. Levels R: 81.13, 78.32, 74.25, 72.68, 71.75,
• 6. Levels S: 68.26, 66.98, 66.88, 66.65, 66.08.

Daily Benchmarks

• (Short-Term) 5 Day: 70.51 Down Trend,
• (Short-Term) 10 Day: 70.44 Down Trend,
• (Intermediate-Term) 20 Day: 71.74 Down Trend,
• (Intermediate-Term) 55 Day: 72.47 Down Trend,
• (Long-Term) 100 Day: 73.39 Down Trend,
• (Long-Term) 200 Day: 75.16 Down Trend.

Additional Metrics

• ATR: 1.38,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO is currently trading at 71.07, with medium-sized bars and average momentum, reflecting a market in transition. The short-term swing pivot trend has shifted to an uptrend, but the intermediate-term HiLo trend remains down, indicating that recent upward moves are counter-trend within a broader bearish context. All benchmark moving averages across short, intermediate, and long-term frames are in downtrends, reinforcing the prevailing bearish sentiment. Resistance levels are stacked above, with the nearest at 71.75 and significant overhead at 72.68 and 74.25, while support is clustered in the 66.08–68.26 range. The ATR suggests moderate volatility, and volume is steady but not elevated. The price is consolidating near the lower end of the recent range, with no clear breakout or breakdown, and the neutral bias in both weekly and monthly session fib grids supports a wait-and-see approach. The overall structure points to a market that is attempting to base after a selloff, but with persistent downward pressure from higher timeframes, any rallies may face strong resistance unless a decisive shift in trend emerges.