USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-01 18:11 CT

Price Action

Last: 82.13,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Mar

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 65.43,
5. Levels R: 92.20, 84.58, 83.25,
6. Levels S: 72.92, 72.11, 65.99, 60.61, 57.83.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 75.71 Up Trend,
(Intermediate-Term) 10 Week: 72.24 Up Trend,
(Long-Term) 20 Week: 72.11 Up Trend,
(Long-Term) 55 Week: 74.07 Down Trend,
(Long-Term) 100 Week: 72.92 Down Trend,
(Long-Term) 200 Week: 71.00 Up Trend.

Overall Rating

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

Key Insights Summary

USO has recently experienced a strong upward move, as indicated by large bars and fast momentum, pushing price to 82.13 and testing the upper resistance at 84.58. The short-term swing pivot trend is up, supported by rising 5, 10, and 20-week moving averages, while the intermediate and long-term trends remain neutral due to mixed signals from the 55 and 100-week moving averages, which are still in a downtrend. The price is currently above key support levels (72.92, 72.11) and approaching significant resistance (84.58, 92.20). The chart shows a breakout from a prolonged consolidation phase, with the current move resembling a trend continuation after a period of choppy, range-bound action. The overall structure suggests a bullish short-term environment, but with intermediate and long-term trends yet to confirm a sustained reversal, swing traders should remain attentive to potential pullbacks or retests of support as the market digests this recent rally.