USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-06 07:22 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO has recently experienced a sharp rally, as evidenced by large bars and fast momentum, pushing price to a recent swing high at 79.37 before a pullback to the current level of 76.69. The short-term and intermediate-term swing pivot trends have shifted to downtrends, indicating a corrective phase after the strong advance. However, all benchmark moving averages from short to long term remain in uptrends, reflecting underlying bullish structure and trend continuation potential. Key resistance is clustered at 78.22, 79.37, and 80.38, while support is found at 74.46, 71.08, and lower at 67.35 and 65.99. Volatility remains elevated (ATR 138), and volume is robust, suggesting active participation. The overall technical landscape points to a market in consolidation or pullback mode within a broader uptrend, with the potential for further retracement or a resumption of the upward move depending on how price reacts at key support levels. No clear directional bias is present in the short and intermediate term, but the long-term trend remains constructive.


Chart Analysis ATS AI Generated: 2026-02-06 07:22 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.