USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-16 07:20 CT

Price Action

• Last: 71.13,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 85.16,
• 4. Pvt. Next: Pvt low 65.98,
• 5. Levels R: 92.20, 84.58, 83.25, 85.16, 80.24, 78.65, 77.16, 75.09, 73.15, 72.28,
• 6. Levels S: 65.99, 60.17, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.31 Down Trend,
• (Intermediate-Term) 10 Week: 72.28 Down Trend,
• (Long-Term) 20 Week: 72.92 Down Trend,
• (Long-Term) 55 Week: 73.95 Down Trend,
• (Long-Term) 100 Week: 73.96 Down Trend,
• (Long-Term) 200 Week: 70.62 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a broad consolidation range, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The Weekly, Monthly, and Yearly Session Fib Grids all reflect a neutral bias, with price oscillating around the NTZ (neutral zone) and no clear breakout or breakdown. Swing pivot analysis shows an evolving uptrend in both short- and intermediate-term trends, but the next significant pivot is a potential test of support near 65.98, while resistance levels cluster above in the low-to-mid 70s and 80s. All major moving averages (except the 200-week) are trending down, reinforcing the overall neutral-to-weak technical structure. The 200-week MA is slightly up, suggesting some long-term support, but the lack of momentum and the presence of multiple resistance levels overhead point to continued range-bound trading. The chart reflects a market in consolidation, with neither bulls nor bears in clear control, and price action likely to remain choppy until a decisive move occurs.