USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-02 07:14 CT

Price Action

• Last: 69.16,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• 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 high 70.13,
• 4. Pvt. Next: Pvt low 68.53,
• 5. Levels R: 74.25, 74.13, 72.46, 70.58,
• 6. Levels S: 68.18, 66.98, 65.99, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 68.67 Up Trend,
• (Short-Term) 10 Day: 68.74 Up Trend,
• (Intermediate-Term) 20 Day: 69.05 Up Trend,
• (Intermediate-Term) 55 Day: 70.47 Down Trend,
• (Long-Term) 100 Day: 71.97 Down Trend,
• (Long-Term) 200 Day: 71.05 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently exhibiting a short-term bullish bias, supported by an uptrend in the 5, 10, and 20-day moving averages and a recent swing pivot high at 70.13. However, the intermediate-term HiLo trend remains in a downtrend, and the 55, 100, and 200-day moving averages are all trending lower, indicating persistent long-term bearish pressure. Price is consolidating between key resistance at 70.58–74.25 and support at 68.18–65.99, with average momentum and medium-sized bars suggesting a balanced but indecisive market. The ATR and volume metrics indicate moderate volatility and participation. Overall, the chart reflects a market in transition, with short-term strength facing significant overhead resistance and longer-term bearish structure still intact. Swing traders should note the potential for range-bound action or choppy conditions as the market tests these pivotal levels.