USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-04 07:12 CT

Price Action

• Last: 90.20,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt High 94.37,
• 4. Pvt. Next: Pvt Low 78.03,
• 5. Levels R: 94.37, 87.65, 78.18, 74.46, 74.08, 71.97, 67.35,
• 6. Levels S: 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 90.96 Up Trend,
• (Short-Term) 10 Day: 80.75 Up Trend,
• (Intermediate-Term) 20 Day: 77.97 Up Trend,
• (Intermediate-Term) 55 Day: 75.77 Up Trend,
• (Long-Term) 100 Day: 72.89 Up Trend,
• (Long-Term) 200 Day: 73.28 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO has experienced a significant breakout, with price surging to 90.20 on large, fast-momentum bars, indicating strong buying interest and a potential short squeeze or news-driven rally. All benchmark moving averages across short, intermediate, and long-term horizons are in strong uptrends, confirming broad-based bullish momentum. The swing pivot structure shows a clear uptrend in both short- and intermediate-term trends, with the most recent pivot high at 94.37 and the next key support at 78.03, suggesting a wide range for potential retracement. The ATR is elevated, reflecting increased volatility, and volume has spiked, supporting the conviction behind the move. The price has decisively cleared prior resistance levels, and the chart shows a series of higher highs and higher lows, characteristic of a trending market. There is no immediate sign of exhaustion, but the distance from moving averages and the size of recent bars may indicate the potential for a near-term pause or consolidation after such an extended move. Overall, the technical structure is robustly bullish across all timeframes, with momentum and volume confirming the trend.