USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-05 07:18 CT
Price Action
- Last: 70.66,
- 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, 83.36, 73.44, 66.07,
- 6. Levels S: 61.75, 60.67, 59.78, 57.83, 56.45, 52.60.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 71.11 Down Trend,
- (Intermediate-Term) 10 Week: 71.48 Down Trend,
- (Long-Term) 20 Week: 72.81 Down Trend,
- (Long-Term) 55 Week: 73.96 Down Trend,
- (Long-Term) 100 Week: 75.93 Down Trend,
- (Long-Term) 200 Week: 72.92 Down Trend.
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 medium-sized bars and slow momentum, indicating 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. However, the intermediate-term HiLo trend remains up, suggesting some underlying support or potential for a counter-trend rally. Price is currently near a recent swing low (69.16), with the next resistance at 73.44 and multiple support levels below, highlighting a zone of potential consolidation or further downside testing. The neutral readings across the session fib grids (weekly, monthly, yearly) suggest the market is in a holding pattern, possibly awaiting a catalyst. Overall, the technical landscape points to a market that is consolidating after a sell-off, with risk of further downside unless a sustained reversal above key resistance levels materializes.
Chart Analysis ATS AI Generated: 2025-12-05 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.