USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jan-28 07:22 CT

Price Action

• Last: 75.66,
• 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: UTrend 2,
• (Intermediate-Term) 2. HiLo Trend: DTrend 2,
• 3. Pvt. Evolve: Pvt High 83.36,
• 4. Pvt. Next: Pvt Low 65.99,
• 5. Levels R: 110.84, 102.26, 92.20, 84.58, 83.36, 80.85, 78.66, 77.14, 75.32,
• 6. Levels S: 72.21, 71.21, 69.07, 65.99, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 70.70 Up Trend,
• (Intermediate-Term) 10 Week: 72.23 Up Trend,
• (Long-Term) 20 Week: 72.87 Up Trend,
• (Long-Term) 55 Week: 73.95 Up Trend,
• (Long-Term) 100 Week: 75.34 Down Trend,
• (Long-Term) 200 Week: 76.80 Down Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading at 75.66, with medium-sized weekly bars and average momentum, reflecting a market in transition. The short-term swing pivot trend is up, supported by a cluster of higher lows and a recent pivot high at 83.36, while the next key support is at 65.99. Intermediate-term trends remain down, indicating that the recent upward move is still counter to the broader swing structure. Price is consolidating within the yearly NTZ, with all session Fib grid trends (weekly, monthly, yearly) showing a neutral bias, suggesting a lack of clear directional conviction. Benchmark moving averages up to the 55-week are in uptrends, but the 100- and 200-week averages remain in downtrends, highlighting a longer-term overhead resistance zone. Resistance levels are stacked above, with significant supply at 83.36 and 84.58, while support is layered from 72.21 down to 65.99. The overall structure points to a market in consolidation, with short-term bullish momentum facing intermediate and long-term neutrality. This environment is typical of a market digesting prior volatility, with potential for range-bound price action until a decisive breakout or breakdown occurs.