USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-12 07:21 CT

Price Action

• Last: 70.78,
• 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 75.96,
• 5. Levels R: 92.20, 84.58, 83.26, 75.96,
• 6. Levels S: 59.78, 57.83, 56.75, 54.67.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.15 Down Trend,
• (Intermediate-Term) 10 Week: 72.34 Down Trend,
• (Long-Term) 20 Week: 73.96 Down Trend,
• (Long-Term) 55 Week: 72.95 Down Trend,
• (Long-Term) 100 Week: 75.21 Down Trend,
• (Long-Term) 200 Week: 70.93 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading near the lower end of its recent range, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, suggesting a mixed environment with potential for mean reversion or range-bound trading. All key moving averages except the 200-week are in a downtrend, reinforcing a bearish bias in the short to intermediate term, though the 200-week MA is just above price and trending up, providing a potential long-term support zone. The price is consolidating within the NTZ (neutral zone) of the yearly session fib grid, with no clear breakout or breakdown, and resistance levels are stacked well above current price, while support levels are clustered below. The overall structure points to a market in consolidation after a period of volatility, with no clear trend dominance. Futures swing traders may observe that the market is in a holding pattern, awaiting a catalyst for a decisive move, with the next key pivot levels at 75.96 (resistance) and 59.78 (support) likely to define the next directional swing.