USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-04 07:19 CT
Price Action
- Last: 70.66,
- Bars: Large,
- 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 68.16,
- 4. Pvt. Next: Pvt high 73.44,
- 5. Levels R: 83.36, 84.58, 92.20,
- 6. Levels S: 68.16, 67.45, 66.07, 60.75, 59.78, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 71.11 DTrend,
- (Intermediate-Term) 10 Week: 71.48 DTrend,
- (Long-Term) 20 Week: 72.81 DTrend,
- (Long-Term) 55 Week: 73.96 DTrend,
- (Long-Term) 100 Week: 75.93 DTrend,
- (Long-Term) 200 Week: 72.92 DTrend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bearish.
Key Insights Summary
The USO weekly chart reflects a market in a corrective phase, with price action showing large bars and slow momentum, indicating a period of heightened volatility but with a lack of strong directional conviction. The short-term swing pivot trend is down, supported by all benchmark moving averages trending lower, which reinforces a bearish bias in both the short and long-term outlooks. However, the intermediate-term HiLo trend remains up, suggesting some underlying support and potential for mean reversion or a bounce, especially as price approaches key swing support levels around 68.16 and below. Resistance is stacked above in the low 70s and mid-80s, with the next pivot high at 73.44 as a potential inflection point. The neutral readings across the session fib grids (weekly, monthly, yearly) highlight a market in consolidation, lacking a clear breakout or breakdown. Overall, the technical landscape suggests a choppy environment with a bearish tilt, where rallies may face resistance and downside tests of support are likely to be watched closely by swing traders.
Chart Analysis ATS AI Generated: 2025-12-04 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.