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

Price Action

• Last: 73.99,
• 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 83.26,
• 4. Pvt. Next: Pvt low 65.99,
• 5. Levels R: 92.20, 84.58, 83.26, 80.24, 72.12, 66.85,
• 6. Levels S: 65.99, 61.75, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.15 Up Trend,
• (Intermediate-Term) 10 Week: 71.86 Up Trend,
• (Long-Term) 20 Week: 72.91 Up Trend,
• (Long-Term) 55 Week: 70.04 Up Trend,
• (Long-Term) 100 Week: 73.98 Down Trend,
• (Long-Term) 200 Week: 72.01 Down 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 swing pivot structure is in an uptrend for both short- and intermediate-term, but the most recent pivot high at 83.26 has not been surpassed, and the next key support is at 65.99. All major session fib grid trends (weekly, monthly, yearly) are neutral, reflecting a market in balance without a clear breakout or breakdown. Benchmark moving averages are mixed: the 5, 10, 20, and 55-week MAs are in uptrends, but the 100 and 200-week MAs remain in downtrends, suggesting longer-term resistance to sustained upward movement. Resistance levels are clustered above at 80.24, 83.26, 84.58, and 92.20, while support is layered below at 65.99 and lower. The overall technical landscape points to a choppy, range-bound environment, with neither bulls nor bears in clear control. This reflects a market likely awaiting a catalyst, with volatility compressing and price cycling between established highs and lows.