USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-22 07:20 CT

Price Action

WSFG Weekly

MSFG Month Jan

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is currently exhibiting strong upward momentum, with a large bullish bar and fast momentum pushing price above all key moving averages. The short-term swing pivot trend is still classified as down (DTrend), but the intermediate-term HiLo trend has shifted to up (UTrend), indicating a possible transition phase. The most recent swing low at 67.35 has held, and price is now approaching a key resistance cluster between 73.94 and 74.25, with a major resistance at 78.32. All benchmark moving averages are trending up, supporting a bullish bias for both intermediate and long-term perspectives. The ATR is elevated, reflecting increased volatility, while volume remains robust. The market appears to be in a recovery phase after a significant pullback, with potential for further upside if resistance levels are cleared. However, the short-term trend remains neutral as the market consolidates gains and tests overhead resistance. This environment is characterized by a possible trend continuation, but with the potential for choppy price action near resistance.


Chart Analysis ATS AI Generated: 2026-01-22 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.