USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-11 18:17 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently exhibiting a slow momentum environment with medium-sized weekly bars, reflecting a period of consolidation and indecision. The price is trading near the lower end of the recent range, with the last price at 71.50, just below several key moving averages, all of which are trending down. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, indicating a possible divergence and a market in transition. Major resistance is clustered above at 72.95 and higher, while support is layered below at 65.05 and further down. The neutral bias across the weekly, monthly, and yearly session fib grids suggests a lack of clear directional conviction, with price action oscillating within the NTZ (neutral zone) for an extended period. Overall, the technical structure points to a bearish short-term and long-term outlook, with intermediate-term conditions more neutral, as the market awaits a catalyst to break out of the current range. This environment is typical of a market in consolidation after a significant move, with potential for volatility should key support or resistance levels be decisively breached.


Chart Analysis ATS AI Generated: 2026-01-11 18:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.