USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-05 07:12 CT

Price Action

• Last: 92.01,
• 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 92.01,
• 4. Pvt. Next: Pvt low 65.99,
• 5. Levels R: 92.01, 84.58, 83.46, 82.12,
• 6. Levels S: 72.94, 70.73, 69.78, 67.83, 65.99, 60.67, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 77.11 Up Trend,
• (Intermediate-Term) 10 Week: 74.24 Up Trend,
• (Long-Term) 20 Week: 72.94 Up Trend,
• (Long-Term) 55 Week: 75.09 Up Trend,
• (Long-Term) 100 Week: 74.10 Up Trend,
• (Long-Term) 200 Week: 72.26 Up Trend.

Overall Rating

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

Key Insights Summary

USO has surged to a new swing high at 92.01, with large weekly bars and fast momentum, signaling strong buying interest and a decisive breakout from prior consolidation. All benchmark moving averages across short, intermediate, and long-term horizons are in uptrends, confirming broad-based strength. The swing pivot structure shows an established uptrend in both short- and intermediate-term metrics, with resistance levels now well above current price and multiple support levels below, suggesting a robust upward price cycle. The neutral bias in the session fib grids reflects the recent transition from consolidation to breakout, but the technicals overwhelmingly favor continued bullish momentum. This move may be driven by a combination of technical breakout dynamics and possible macro or seasonal catalysts, with volatility elevated and the potential for further trend continuation if support levels hold.