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

Price Action

• Last: 71.07,
• Bars: Medium,
• Mom: Momentum slow.

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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 69.16,
• 4. Pvt. Next: Pvt high 73.44,
• 5. Levels R: 92.20, 84.58, 83.86, 73.44,
• 6. Levels S: 60.67, 59.78, 57.83, 56.75.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.54 Down Trend,
• (Intermediate-Term) 10 Week: 71.71 Down Trend,
• (Long-Term) 20 Week: 72.88 Down Trend,
• (Long-Term) 55 Week: 73.92 Down Trend,
• (Long-Term) 100 Week: 73.69 Down Trend,
• (Long-Term) 200 Week: 72.28 Up Trend.

Overall Rating

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

Key Insights Summary

The USO weekly chart shows a market in a broad consolidation phase, with price action recently breaking below several key moving averages and testing lower support levels. The short-term swing pivot trend is down, indicating recent bearish momentum, while the intermediate-term HiLo trend remains up, suggesting underlying support from prior higher lows. All major moving averages except the 200-week are trending down, reinforcing a cautious stance on sustained upside. The price is currently near a recent swing low (69.16) and just below the 20, 55, and 100-week benchmarks, with resistance clustered above at 73.44 and higher at 83.86–92.20. Support is layered below at 60.67–56.75. The overall structure points to a choppy, range-bound environment with a short-term bearish bias, but no clear breakdown or breakout, as longer-term trends remain neutral. This setup suggests a market in transition, with swing traders watching for either a decisive move below support for trend continuation or a reversal signal for a potential bounce back toward resistance.