USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-22 07:21 CT

Price Action

• Last: 72.26,
• 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 2,
• (Intermediate-Term) 2. HiLo Trend: UTrend 4,
• 3. Pvt. Evolve: Pvt high 75.16,
• 4. Pvt. Next: Pvt low 65.99,
• 5. Levels R: 92.20, 84.58, 83.26, 80.25, 78.85, 72.26,
• 6. Levels S: 71.15, 66.17, 65.99, 61.75, 60.75, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 71.15 Up Trend,
• (Intermediate-Term) 10 Week: 72.26 Up Trend,
• (Long-Term) 20 Week: 73.34 Up Trend,
• (Long-Term) 55 Week: 73.93 Down Trend,
• (Long-Term) 100 Week: 70.04 Up Trend,
• (Long-Term) 200 Week: 72.01 Down Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading in a consolidation phase, with price action contained within a broad neutral zone as indicated by the NTZ and F0% levels across all session fib grids. The most recent weekly bars are of medium size, and momentum is slow, suggesting a lack of strong directional conviction. Swing pivots show an evolving uptrend in both short- and intermediate-term metrics, with the next significant pivot low at 65.99 and resistance levels stacked above, notably at 78.85 and 80.25. The moving averages present a mixed picture: short- and intermediate-term benchmarks are in uptrends, while the longer-term 55- and 200-week averages remain in downtrends, highlighting a market in transition. The overall structure suggests a market that is oscillating between support and resistance, with no clear breakout or breakdown, and is likely to remain range-bound until a decisive move occurs. This environment is characterized by choppy price action, frequent reversals, and a lack of sustained momentum, which is typical of a market awaiting a new catalyst or resolution of macroeconomic uncertainties.