USO United States Oil Fund LP Weekly Chart Analysis: 2026-Feb-27 07:11 CT
Price Action
- Last: 79.77,
- 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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt high 84.58,
- 4. Pvt. Next: Pvt low 65.99,
- 5. Levels R: 92.20, 84.58, 83.25, 81.44,
- 6. Levels S: 72.11, 70.61, 65.99, 57.83.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 75.71 Up Trend,
- (Intermediate-Term) 10 Week: 72.94 Up Trend,
- (Long-Term) 20 Week: 72.92 Up Trend,
- (Long-Term) 55 Week: 74.07 Up Trend,
- (Long-Term) 100 Week: 72.11 Up Trend,
- (Long-Term) 200 Week: 67.01 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
USO is exhibiting strong bullish momentum in the short term, with the last price surging above all major moving averages and a fast, large-bar move. The short-term swing pivot trend is up, and the price is approaching key resistance levels at 81.44 and 84.58, with the next major resistance at 92.20. Intermediate-term trends are more neutral, as the HiLo trend remains down, suggesting the recent rally is still counter to the broader swing structure. Long-term moving averages are all in uptrends, confirming a bullish bias for the larger cycle. Support is well-defined at 72.11 and 70.61, with a deeper level at 65.99. The chart reflects a transition from a prolonged consolidation phase into a potential breakout, with volatility and momentum increasing. This setup is characteristic of a market moving from range-bound to trending, with the potential for further upside if resistance levels are cleared, but with intermediate-term caution as the broader swing structure has not fully confirmed a new uptrend.
Chart Analysis ATS AI Generated: 2026-02-27 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.