USO United States Oil Fund LP Daily Chart Analysis: 2026-Feb-09 07:23 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 strong upward move, as indicated by large bars and fast momentum, with price currently consolidating just below recent swing highs. All benchmark moving averages across short, intermediate, and long-term horizons are in uptrends, reflecting underlying bullish structure. However, the swing pivot trend has shifted to a short-term and intermediate-term downtrend (DTrend), with the most recent pivot high at 79.37 and the next potential pivot low at 74.18, suggesting a possible retracement or pause after the recent rally. Resistance is stacked above at 80.38, 79.37, and 78.22, while support is found at 74.46, 71.40, 67.35, and 65.99. Volatility remains elevated (ATR 138), and volume is robust, indicating active participation. The overall technical picture shows a market in a bullish long-term trend, but currently in a short-term consolidation or pullback phase after a sharp advance, with traders watching for either a continuation breakout above resistance or a deeper retracement toward support.


Chart Analysis ATS AI Generated: 2026-02-09 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.