USO United States Oil Fund LP Daily Chart Analysis: 2025-Dec-22 07:18 CT

Price Action

Last: 68.03,
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: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 65.99,
4. Pvt. Next: Pvt high 69.18,
5. Levels R: 84.86, 83.43, 81.49, 78.32, 74.25, 73.07, 72.86, 72.41,
6. Levels S: 65.99, 61.75.

Daily Benchmarks

(Short-Term) 5 Day: 67.91 Down Trend,
(Short-Term) 10 Day: 68.04 Down Trend,
(Intermediate-Term) 20 Day: 70.76 Down Trend,
(Intermediate-Term) 55 Day: 72.05 Down Trend,
(Long-Term) 100 Day: 72.41 Down Trend,
(Long-Term) 200 Day: 74.25 Down Trend.

Additional Metrics

ATR:138,
VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently showing a slow momentum recovery after a pronounced selloff, with price action stabilizing near recent swing lows. The short-term swing pivot has shifted to an uptrend, indicating a potential bounce or retracement from the 65.99 support, but the intermediate and long-term trends remain decisively bearish, as confirmed by all major moving averages trending down. Resistance levels are stacked above, with significant overhead supply between 72–84, while support is thin below the recent low. The ATR suggests moderate volatility, and volume remains steady but not elevated, indicating a lack of strong conviction from either buyers or sellers at this stage. The overall structure points to a market in consolidation after a sharp decline, with the potential for a short-term relief rally, but the broader trend context remains negative until key resistance levels are reclaimed.