USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-09 07:20 CT

Price Action

• Last: 70.54,
• 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 59.78,
• 4. Pvt. Next: Pvt high 72.91,
• 5. Levels R: 92.20, 84.58, 83.26, 82.36, 80.24, 78.85, 75.73, 72.91,
• 6. Levels S: 59.78, 57.83, 57.08, 55.78, 53.75, 51.75, 50.67.

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: 71.54 Down Trend,
• (Long-Term) 200 Week: 76.09 Down Trend.

Overall Rating

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

Key Insights Summary

The USO weekly chart reflects a market in a broad consolidation phase, with price action contained within the yearly NTZ (neutral zone) and no clear directional bias from the session fib grids. The most recent swing pivot trend is down (DTrend), with the last pivot low at 59.78 and the next potential resistance at 72.91. All benchmark moving averages from short to long term are trending down, reinforcing a bearish undertone, especially for the long-term outlook. However, the intermediate-term HiLo trend remains up, suggesting some underlying support and potential for mean reversion or range-bound trading. Momentum is slow, and price is currently below most key moving averages, indicating a lack of strong buying interest. The chart shows multiple failed attempts to break higher, with resistance levels stacked above and support levels well below, highlighting a choppy, sideways environment with a bearish tilt. This setup suggests a market in transition, with swing traders likely to focus on range trading strategies until a decisive breakout or breakdown occurs.