USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-02 07:22 CT

Price Action

• Last: 79.52,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Feb

• 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 80.15,
• 4. Pvt. Next: Pvt low 77.68,
• 5. Levels R: 80.15, 81.13, 83.14, 84.36,
• 6. Levels S: 77.68, 71.75, 67.35, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 75.77 Up Trend,
• (Short-Term) 10 Day: 73.86 Up Trend,
• (Intermediate-Term) 20 Day: 71.98 Up Trend,
• (Intermediate-Term) 55 Day: 71.54 Up Trend,
• (Long-Term) 100 Day: 71.18 Up Trend,
• (Long-Term) 200 Day: 71.06 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO has experienced a sharp upside 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 in both short- and intermediate-term, with the most recent pivot high at 80.15 and next support at 77.68. Resistance levels are stacked above, but the current price action is pressing into new highs, suggesting a possible continuation if momentum persists. Volatility is elevated (ATR 138), and volume is robust, supporting the strength of the move. The neutral bias on the session fib grids indicates the move is technically extended beyond recent value zones, often seen in breakout or trend acceleration phases. Overall, the chart reflects a strong bullish environment with potential for further upside, though the market is in an extended state after a rapid advance.