USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-08 18:20 CT

Price Action

• Last: 76.99,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 79.37,
• 4. Pvt. Next: Pvt high 78.82,
• 5. Levels R: 80.38, 79.37, 78.82, 74.46,
• 6. Levels S: 74.46, 71.40, 67.35, 65.99.

Daily Benchmarks

• (Short-Term) 5 Day: 77.38 Up Trend,
• (Short-Term) 10 Day: 75.47 Up Trend,
• (Intermediate-Term) 20 Day: 74.23 Up Trend,
• (Intermediate-Term) 55 Day: 71.73 Up Trend,
• (Long-Term) 100 Day: 72.22 Up Trend,
• (Long-Term) 200 Day: 72.22 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO has recently experienced a strong upward move, as evidenced by large bars and fast momentum, pushing price to 76.99. However, the short-term swing pivot trend has shifted to a downtrend (DTrend), with the most recent pivot high at 79.37 and the next potential pivot high at 78.82, suggesting a possible retracement or consolidation after the recent rally. Intermediate-term swing pivots also indicate a downtrend, but all benchmark moving averages from short to long term remain in solid uptrends, reflecting underlying bullish strength. The ATR is elevated, indicating increased volatility, while volume remains robust. The price is currently between key resistance at 78.82–80.38 and support at 74.46–71.40. Overall, the market is in a transition phase: while the long-term structure is bullish, short-term and intermediate-term trends are neutral as the market digests recent gains. Swing traders may observe for further confirmation of either a continuation higher or a deeper pullback, as the market consolidates after a sharp move.