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

Price Action

• Last: 90.21,
• 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: U2-2 UTrend,
• 3. Pvt. Evolve: Pvt High 94.00,
• 4. Pvt. Next: Pvt Low 65.99,
• 5. Levels R: 94.00, 84.58, 83.46, 80.63, 77.83,
• 6. Levels S: 65.99, 64.15, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 70.11 Up Trend,
• (Intermediate-Term) 10 Week: 72.24 Up Trend,
• (Long-Term) 20 Week: 72.94 Up Trend,
• (Long-Term) 55 Week: 74.10 Down Trend,
• (Long-Term) 100 Week: 75.49 Down Trend,
• (Long-Term) 200 Week: 72.86 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a sharp upward move, with the last price at 90.21 and large, fast momentum bars indicating strong buying pressure. Both short-term and intermediate-term swing pivot trends are in clear uptrends, with the most recent pivot high at 94.00 and the next significant support at 65.99. Resistance levels are stacked above, but the price is currently testing multi-year highs. All short- and intermediate-term moving averages are trending up, confirming the bullish momentum, while the longer-term 55 and 100 week MAs remain in a downtrend, suggesting the longer-term trend is still neutral and could be at a turning point. The price is well above all major moving averages, indicating a potential overextension or breakout scenario. The neutral bias in the session fib grids suggests the move is technically strong but not yet confirmed as a new long-term trend. The chart reflects a possible breakout from a prolonged consolidation, with volatility and momentum favoring the bulls in the short and intermediate term, while the long-term outlook remains neutral pending further confirmation.