USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-15 07:21 CT
Price Action
- Last: 68.81,
- 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 68.81,
- 4. Pvt. Next: Pvt high 73.44,
- 5. Levels R: 92.20, 84.58, 83.26, 73.44,
- 6. Levels S: 61.75, 60.75, 59.78, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 70.07 Down Trend,
- (Intermediate-Term) 10 Week: 72.11 Down Trend,
- (Long-Term) 20 Week: 73.99 Down Trend,
- (Long-Term) 55 Week: 72.96 Down Trend,
- (Long-Term) 100 Week: 74.34 Down Trend,
- (Long-Term) 200 Week: 77.00 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 a slow momentum decline and medium-sized bars. The most recent swing pivot is a new low at 68.81, with the next potential resistance at 73.44. All major moving averages (5, 10, 20, 55, 100, and 200 week) are trending down, reinforcing a bearish long-term structure. However, the intermediate-term HiLo trend remains up, suggesting some underlying support or a possible basing attempt. The price is currently within a neutral zone on the session fib grids, indicating a lack of clear directional conviction. Resistance levels are stacked well above current price, while support is clustered in the low 60s. The overall environment is characterized by consolidation within a broader downtrend, with volatility compressing and no clear breakout or reversal signal present. This setup often precedes a larger directional move, but for now, the bias remains bearish to neutral, with traders likely watching for either a breakdown below support or a reversal above resistance to signal the next swing opportunity.
Chart Analysis ATS AI Generated: 2025-12-15 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.