USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-20 07:19 CT

Price Action

• Last: 71.65,
• 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 High 73.78,
• 4. Pvt. Next: Pvt Low 67.35,
• 5. Levels R: 78.32, 74.25, 73.78, 73.12, 71.45,
• 6. Levels S: 67.35, 65.99, 65.09, 61.75.

Daily Benchmarks

• (Short-Term) 5 Day: 71.93 Down Trend,
• (Short-Term) 10 Day: 70.57 Up Trend,
• (Intermediate-Term) 20 Day: 70.51 Up Trend,
• (Intermediate-Term) 55 Day: 71.19 Down Trend,
• (Long-Term) 100 Day: 71.19 Down Trend,
• (Long-Term) 200 Day: 71.10 Down Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently experiencing high volatility, as indicated by large bars and fast momentum. The short-term swing pivot trend has shifted to a downtrend, with the most recent pivot high at 73.78 and the next key support at 67.35. Resistance levels are clustered above, with significant overhead supply at 73.78, 74.25, and 78.32. The 5-day moving average has turned down, and both the 55-day, 100-day, and 200-day moving averages are also in downtrends, reinforcing a bearish long-term outlook. However, the intermediate-term 10-day and 20-day moving averages remain in uptrends, and the HiLo trend is still up, suggesting some underlying support and potential for mean reversion or consolidation. The price is currently near the 71.65 level, just below several key moving averages, indicating a test of support. The overall structure shows a market in transition, with short-term weakness dominating but intermediate-term trends not yet fully reversing. The environment is choppy, with potential for further downside if support levels break, but also the possibility of a bounce if intermediate-term support holds.