USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-06 07:12 CT

Price Action

• Last: 96.31,
• 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 96.31,
• 4. Pvt. Next: Pvt Low 94.53,
• 5. Levels R: 94.37,
• 6. Levels S: 86.83, 78.03, 74.46, 71.00, 67.35.

Daily Benchmarks

• (Short-Term) 5 Day: 88.13 Up Trend,
• (Short-Term) 10 Day: 84.11 Up Trend,
• (Intermediate-Term) 20 Day: 80.42 Up Trend,
• (Intermediate-Term) 55 Day: 76.83 Up Trend,
• (Long-Term) 100 Day: 73.50 Up Trend,
• (Long-Term) 200 Day: 72.90 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 accelerating sharply higher and printing large, fast-momentum bars. 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 metrics, with the most recent pivot high at 96.31 and the next potential pivot low at 94.53, suggesting the market is in an extended rally phase. Resistance is thin above, with the nearest level at 94.37 now surpassed, while support levels are layered well below current price, indicating a strong move away from prior consolidation zones. ATR and volume metrics confirm heightened volatility and participation, typical of breakout or trend acceleration environments. The overall technical structure points to a robust bullish phase, with price action well above all major moving averages and no immediate signs of reversal or exhaustion. This environment is often characterized by trend continuation, but also warrants attention to potential volatility spikes and rapid retracements as the move matures.