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

Price Action

• Last: 71.65,
• 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 75.16,
• 4. Pvt. Next: Pvt low 65.98,
• 5. Levels R: 92.20, 84.58, 83.25, 75.16,
• 6. Levels S: 65.98, 60.17, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.31 Up Trend,
• (Intermediate-Term) 10 Week: 72.28 Up Trend,
• (Long-Term) 20 Week: 72.92 Up Trend,
• (Long-Term) 55 Week: 73.95 Down Trend,
• (Long-Term) 100 Week: 73.96 Down Trend,
• (Long-Term) 200 Week: 72.00 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading within a broad neutral zone, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short- and intermediate-term swing pivot trends are both up, supported by the 5, 10, 20, and 200-week moving averages all trending higher, suggesting underlying bullishness in the near to intermediate term. However, the 55- and 100-week moving averages remain in a downtrend, reflecting longer-term uncertainty and a lack of sustained breakout. The price is consolidating near the center of the yearly session fib grid, with no clear bias from the NTZ, and resistance is layered above at 75.16, 83.25, 84.58, and 92.20, while support is found at 65.98, 60.17, 59.78, and 57.83. The overall structure points to a market in transition, with potential for further upside if recent swing highs are breached, but also risk of renewed downside if support levels fail. The environment is characterized by consolidation and range-bound trading, awaiting a catalyst for a decisive move.