USO United States Oil Fund LP Daily Chart Analysis: 2026-Jan-29 07:21 CT

Price Action

• Last: 76.62,
• Bars: Large,
• Mom: Momentum fast.

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 76.62,
• 4. Pvt. Next: Pvt low 73.00,
• 5. Levels R: 78.00, 76.62,
• 6. Levels S: 71.11, 67.35, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 75.65 Up Trend,
• (Short-Term) 10 Day: 73.63 Up Trend,
• (Intermediate-Term) 20 Day: 71.13 Up Trend,
• (Intermediate-Term) 55 Day: 71.14 Up Trend,
• (Long-Term) 100 Day: 71.45 Up Trend,
• (Long-Term) 200 Day: 71.86 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is exhibiting strong bullish momentum with a large, fast-moving price bar closing at 76.62, marking a new swing high. All benchmark moving averages across short, intermediate, and long-term timeframes are in uptrends, confirming broad-based strength. The swing pivot structure shows both short-term and intermediate-term uptrends, with the next potential pivot low at 73.00 and key support levels at 71.11, 67.35, and 65.99. Resistance is now at 76.62 and 78.00. The ATR indicates heightened volatility, and volume is robust, supporting the recent price surge. The neutral bias on the session fib grids suggests the move is technically driven rather than a reaction to a specific session-level event. Overall, the chart reflects a strong trend continuation environment, with price breaking out from consolidation and establishing higher highs, typical of a bullish swing phase in the oil futures market.