USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-01 18:19 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO has experienced a significant breakout, with price surging to 79.52 on large, fast-momentum bars. All benchmark moving averages across short, intermediate, and long-term timeframes are in strong uptrends, confirming broad-based bullish momentum. The swing pivot structure shows a clear uptrend, with the most recent pivot high at current levels and the next potential pivot low at 77.60, suggesting the market is in an extended rally phase. Resistance levels are layered above, but the rapid move and high ATR indicate elevated volatility and potential for continued price swings. Volume is robust, supporting the strength of the move. The neutral bias on the session fib grids suggests the move is technically driven rather than anchored to a specific session range. Overall, the chart reflects a strong bullish environment with momentum favoring trend continuation, though the market is extended and volatility is high, typical of breakout or trend acceleration phases.


Chart Analysis ATS AI Generated: 2026-02-01 18:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.