USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-23 07:17 CT

Price Action

• Last: 69.73,
• 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 69.73,
• 4. Pvt. Next: Pvt high 75.43,
• 5. Levels R: 92.20, 84.58, 83.25,
• 6. Levels S: 61.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 70.85 Down Trend,
• (Intermediate-Term) 10 Week: 71.83 Down Trend,
• (Long-Term) 20 Week: 71.93 Down Trend,
• (Long-Term) 55 Week: 72.99 Down Trend,
• (Long-Term) 100 Week: 73.99 Down Trend,
• (Long-Term) 200 Week: 72.00 Up Trend.

Overall Rating

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

Key Insights Summary

The USO weekly chart shows a market in consolidation with a recent bearish tilt. Price action is subdued, with medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, reflecting a tug-of-war between recent selling pressure and a broader base-building phase. All key moving averages (5, 10, 20, 55, 100 week) are trending down except the 200-week, which is still up, suggesting that the long-term structure is not decisively broken but under pressure. Price is currently near a recent swing low, with significant support levels in the low 60s and resistance overhead in the mid-80s to low 90s. The neutral bias across the session fib grids (weekly, monthly, yearly) and the clustering of price within the NTZ zones reinforce the view of a range-bound, indecisive market. For swing traders, this environment is characterized by choppy, sideways action with potential for both mean reversion and breakout setups, but no clear trend dominance at this time.