USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-05 07:21 CT

Price Action

• Last: 77.88,
• Bars: Medium,
• Mom: Momentum slow.

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: DTrend 2,
• (Intermediate-Term) 2. HiLo Trend: DTrend 2,
• 3. Pvt. Evolve: Pvt High 84.58,
• 4. Pvt. Next: Pvt Low 65.99,
• 5. Levels R: 110.84, 102.26, 92.20, 84.58, 83.25, 80.85, 77.14, 75.23, 69.67, 66.75, 60.75,
• 6. Levels S: 59.78, 57.83, 50.61, 47.75, 65.99.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 72.07 Down Trend,
• (Intermediate-Term) 10 Week: 71.52 Down Trend,
• (Long-Term) 20 Week: 74.00 Down Trend,
• (Long-Term) 55 Week: 72.90 Down Trend,
• (Long-Term) 100 Week: 75.28 Down Trend,
• (Long-Term) 200 Week: 77.26 Up Trend.

Overall Rating

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

Key Insights Summary

USO is currently trading at 77.88, 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 consolidating within the NTZ zones and no clear breakout or breakdown. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot high at 84.58 and the next projected pivot low at 65.99, suggesting the market is in a corrective or retracement phase. Resistance levels are stacked above, with significant barriers at 84.58 and 80.85, while support is seen at 65.99 and below. All key moving averages except the 200-week are trending down, reinforcing the bearish tone in the short and intermediate term, while the 200-week MA provides a neutralizing influence. The overall structure points to a market in consolidation after a recent sell-off, with volatility contained within a broad range. Futures swing traders may interpret this as a period of mean reversion or range-bound trading, awaiting a catalyst for a decisive move. The technical landscape suggests monitoring for a test of lower support or a potential reversal if momentum shifts.