USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-11 07:21 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is currently exhibiting a medium bar structure with average momentum, indicating a steady but not aggressive move. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher, which reinforces a bullish bias in both the short and long term. However, the intermediate-term HiLo trend remains down, suggesting that the market is still digesting a prior pullback or consolidation phase. Price is trading above key support levels (71.75, 65.99) and is approaching resistance zones (83.36, 84.58), with the most recent swing high at 83.36 and next projected swing low at 65.99. The neutral stance of the session fib grids across all timeframes points to a market in transition, potentially awaiting a catalyst for a decisive breakout or reversal. The overall structure suggests a market that has recovered from recent lows and is now consolidating gains, with the potential for further upside if resistance levels are breached. Volatility appears contained, and the absence of strong directional signals from the fib grids implies a balanced environment, favoring trend continuation scenarios over abrupt reversals.


Chart Analysis ATS AI Generated: 2026-02-11 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.