USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-28 18:13 CT

Price Action

WSFG Weekly

MSFG Month Dec

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The USO weekly chart shows a market in a broad consolidation phase, with price action contained within the NTZ (neutral trading zone) for much of the past year. The most recent swing pivot is a low at 68.75, with the next potential pivot high at 73.47, indicating a possible short-term bounce but within a prevailing downtrend. All key moving averages (5, 10, 20, 55, 100, 200 week) are trending down, reinforcing a bearish long-term structure. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, suggesting some underlying support but with limited momentum. Resistance levels are stacked above current price, with significant overhead supply between 72.99 and 75.41, and major resistance at 83.25 and 92.20. Support is found at 59.78 and 57.83, with a deeper level at 50.67. Overall, the chart reflects a market that has lost upside momentum, is experiencing slow price action, and is vulnerable to further downside unless a strong reversal develops. The environment is characterized by choppy, range-bound trading with a bearish bias, and no clear breakout or trend continuation signal at this time.


Chart Analysis ATS AI Generated: 2025-12-28 18:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.