USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-02 07:12 CT

Price Action

• Last: 81.95,
• 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 65.99,
• 5. Levels R: 92.20, 84.58, 81.95,
• 6. Levels S: 72.11, 65.99, 60.75, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 77.21 Up Trend,
• (Intermediate-Term) 10 Week: 74.07 Up Trend,
• (Long-Term) 20 Week: 72.92 Up Trend,
• (Long-Term) 55 Week: 72.11 Up Trend,
• (Long-Term) 100 Week: 74.07 Up Trend,
• (Long-Term) 200 Week: 72.92 Up Trend.

Overall Rating

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

Key Insights Summary

USO has recently shown a strong upward move, with large weekly bars and fast momentum, pushing price to 81.95 and challenging the most recent swing high resistance at 84.58. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher, indicating robust bullish sentiment in both short and long-term perspectives. However, the intermediate-term HiLo trend remains down, suggesting that while the recent rally is strong, it is still emerging from a broader corrective or consolidative phase. Key resistance levels are clustered at 84.58 and 92.20, while support is well-defined at 72.11 and 65.99, providing clear reference points for potential retracements or trend continuation. The neutral bias in the session fib grids across all timeframes reflects a market in transition, possibly awaiting further confirmation for a sustained breakout or reversal. Overall, the technical structure favors bullish continuation in the short and long term, but the intermediate-term trend warrants monitoring for signs of exhaustion or reversal, especially as price approaches major resistance.