USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-26 07:13 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is exhibiting strong upward momentum with large weekly bars and a fast pace, indicating heightened volatility and active participation. 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 while the recent rally is robust, it is occurring within a broader corrective or consolidative phase. Price is currently near a resistance cluster (84.58–92.20), with support levels well below (72.11, 65.99), highlighting a wide trading range. The neutral stance of the session fib grids across all timeframes suggests the market is at a potential inflection point, with neither buyers nor sellers in clear control. For swing traders, this environment favors monitoring for breakout or reversal signals at key resistance and support levels, as the market could transition from consolidation to trend continuation or reversal. The overall structure reflects a market that has recovered from prior lows, is testing upper boundaries, and may be poised for further volatility as it approaches significant resistance.


Chart Analysis ATS AI Generated: 2026-02-26 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.