USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-02 07:22 CT

Price Action

Last: 73.96,
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 68.98,
4. Pvt. Next: Pvt High 74.34,
5. Levels R: 83.26, 84.58, 106.56, 92.20, 74.34,
6. Levels S: 68.98, 61.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 71.11 Down Trend,
(Intermediate-Term) 10 Week: 71.48 Down Trend,
(Long-Term) 20 Week: 72.91 Down Trend,
(Long-Term) 55 Week: 72.07 Down Trend,
(Long-Term) 100 Week: 73.98 Down Trend,
(Long-Term) 200 Week: 72.92 Down Trend.

Overall Rating

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

Key Insights Summary

The USO weekly chart shows a market in a corrective phase, with price action currently consolidating near the 74 level after a recent swing low at 68.98. Momentum is slow and bars are medium-sized, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, suggesting a possible transition or indecision between timeframes. All benchmark moving averages (from 5 to 200 weeks) are in a downtrend, reinforcing a broader lack of bullish momentum. Resistance is clustered above at 74.34, 83.26, and 84.58, while support is established at 68.98 and lower. The price is trading within the yearly NTZ, with all session fib grid trends neutral, reflecting a balanced but indecisive market. Overall, the chart suggests a market in consolidation with a short-term bearish tilt, but no clear long-term directional bias, as price oscillates between established support and resistance levels.