USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-23 07:17 CT

Price Action

• Last: 71.82,
• Bars: Medium,
• Mom: Momentum average.

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 low 71.12,
• 4. Pvt. Next: Pvt high 73.78,
• 5. Levels R: 73.94, 74.25, 78.32,
• 6. Levels S: 71.12, 67.35, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 71.48 Up Trend,
• (Short-Term) 10 Day: 71.14 Up Trend,
• (Intermediate-Term) 20 Day: 70.49 Up Trend,
• (Intermediate-Term) 55 Day: 70.00 Up Trend,
• (Long-Term) 100 Day: 71.51 Up Trend,
• (Long-Term) 200 Day: 71.71 Up Trend.

Additional Metrics

• ATR:138,
• VOLMA:2577640.

Overall Rating

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

Key Insights Summary

USO is currently trading at 71.82, with medium-sized bars and average momentum, indicating a balanced but watchful market. The short-term swing pivot trend has shifted to a downtrend, but the intermediate-term HiLo trend remains up, suggesting that while there is some short-term weakness or consolidation, the broader trend is still constructive. All benchmark moving averages (from 5-day to 200-day) are in uptrends and clustered near the current price, reinforcing underlying bullish structure on both intermediate and long-term horizons. Key resistance is overhead at 73.94 and 74.25, with support at 71.12 and further below at 67.35 and 65.99. The ATR and volume metrics indicate moderate volatility and participation. Overall, the chart reflects a market in transition: short-term consolidation or pullback within a larger bullish context, with price action near major moving averages and a recent test of support. Swing traders may interpret this as a potential pause or base-building phase before the next directional move, with a focus on how price reacts to the 71.12 support and 73.78-73.94 resistance zone.