USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-07 07:19 CT

Price Action

• Last: 69.23,
• Bars: Medium,
• Mom: Momentum slow.

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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 68.41,
• 4. Pvt. Next: Pvt high 70.32,
• 5. Levels R: 78.32, 84.18, 81.43, 78.13, 74.25, 72.34, 70.58,
• 6. Levels S: 68.41, 68.15, 66.19, 65.99, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 68.51 Down Trend,
• (Short-Term) 10 Day: 70.37 Down Trend,
• (Intermediate-Term) 20 Day: 69.23 Down Trend,
• (Intermediate-Term) 55 Day: 71.19 Down Trend,
• (Long-Term) 100 Day: 70.37 Down Trend,
• (Long-Term) 200 Day: 71.93 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently exhibiting a slow momentum environment with medium-sized bars, reflecting a lack of strong directional conviction. The short-term swing pivot trend is down, confirmed by all benchmark moving averages (from 5-day to 200-day) trending lower, which reinforces a bearish short-term and long-term outlook. The intermediate-term HiLo trend remains up, suggesting some underlying support and potential for countertrend rallies, but the prevailing pressure is to the downside. Price is trading near a recent swing low (68.41), with the next resistance at 70.32 and multiple overhead resistance levels stacked above, indicating that any upward moves may face significant supply. The ATR and volume metrics suggest moderate volatility and participation. Overall, the chart reflects a market in a corrective or consolidative phase, with a bias toward further weakness unless a decisive reversal above key resistance levels occurs. The environment is characterized by choppy, range-bound action with a bearish tilt, and no clear breakout or trend continuation signal is present at this time.