USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-08 07:20 CT

Price Action

• Last: 67.79,
• Bars: Large,
• Mom: Momentum fast.

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 67.79,
• 4. Pvt. Next: Pvt high 72.91,
• 5. Levels R: 102.84, 90.00, 84.58, 83.26, 82.36, 80.00, 75.00, 72.91,
• 6. Levels S: 67.79, 59.78, 57.83, 57.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 72.34 Down Trend,
• (Intermediate-Term) 10 Week: 71.50 Down Trend,
• (Long-Term) 20 Week: 73.96 Down Trend,
• (Long-Term) 55 Week: 72.95 Down Trend,
• (Long-Term) 100 Week: 75.09 Down Trend,
• (Long-Term) 200 Week: 76.93 Down Trend.

Overall Rating

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

Key Insights Summary

USO is exhibiting pronounced volatility with large, fast-moving weekly bars, reflecting a strong momentum move to the downside. The price has broken below key moving averages, all of which are trending lower, reinforcing a bearish long-term structure. The short-term swing pivot trend is down, with the most recent pivot low at 67.79, while the next resistance is at 72.91. Intermediate-term HiLo trend remains up, suggesting some underlying support, but this is overshadowed by the prevailing downtrend in both short- and long-term benchmarks. The price is currently within the neutral zone of the yearly session fib grid, indicating a lack of clear directional bias from a session grid perspective. Multiple resistance levels overhead and a cluster of support levels below highlight a market that could see further volatility and potential for range expansion or continued downside if support fails. The overall technical landscape points to a bearish bias in the short and long term, with only neutral signals in the intermediate term, suggesting that any rallies may be met with selling pressure unless a significant reversal develops.