USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-23 07:18 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 75.16,
- 4. Pvt. Next: Pvt low 65.99,
- 5. Levels R: 92.20, 84.58, 83.26, 80.25, 72.86, 70.04, 66.75, 65.99,
- 6. Levels S: 61.75, 60.67, 59.78, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 71.15 Up Trend,
- (Intermediate-Term) 10 Week: 71.28 Up Trend,
- (Long-Term) 20 Week: 72.91 Up Trend,
- (Long-Term) 55 Week: 71.82 Up Trend,
- (Long-Term) 100 Week: 73.98 Down Trend,
- (Long-Term) 200 Week: 70.04 Down Trend.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Neutral,
- Long-Term: Neutral.
Key Insights Summary
USO is currently trading in a consolidation phase, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The Weekly, Monthly, and Yearly Session Fib Grids all reflect a neutral bias, with price oscillating around key NTZ (neutral zone) levels. Swing pivot analysis shows an upward trend in both short-term and intermediate-term metrics, but the next significant pivot is a potential low at 65.99, suggesting a watchful stance for possible downside tests. Resistance levels are clustered above, with major resistance at 92.20 and intermediate levels at 84.58 and 83.26, while support is layered below at 61.75 and 59.78. Benchmark moving averages are mostly in uptrends except for the longer-term 100 and 200 week MAs, which remain in downtrends, highlighting a mixed long-term technical structure. Overall, the chart suggests a market in balance, with neither bulls nor bears in clear control, and a potential for range-bound trading until a decisive breakout or breakdown occurs.
Chart Analysis ATS AI Generated: 2026-01-23 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.