USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-10 07:11 CT

Price Action

• Last: 104.33,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 88.47,
• 4. Pvt. Next: Pvt high 109.98,
• 5. Levels R: 109.98,
• 6. Levels S: 88.47, 82.11, 78.03, 75.18, 74.16.

Daily Benchmarks

• (Short-Term) 5 Day: 104.34 Up Trend,
• (Short-Term) 10 Day: 97.11 Up Trend,
• (Intermediate-Term) 20 Day: 82.94 Up Trend,
• (Intermediate-Term) 55 Day: 78.64 Up Trend,
• (Long-Term) 100 Day: 73.85 Up Trend,
• (Long-Term) 200 Day: 73.85 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic surge, with price action showing large bars and fast momentum, indicating a recent parabolic move. The short-term swing pivot trend has shifted to a downtrend after a sharp rally, while the intermediate-term trend remains up, reflecting underlying strength. All benchmark moving averages are in strong uptrends, confirming bullish momentum across timeframes. The most recent swing high resistance is at 109.98, with multiple support levels below, the nearest being 88.47. Volatility is elevated (ATR 138), and volume has spiked, suggesting heightened market participation and possible exhaustion after the vertical rally. The overall structure points to a market that has moved rapidly higher, now entering a potential consolidation or pullback phase as short-term traders lock in gains, while the broader trend remains intact. Futures swing traders will note the transition from trend acceleration to possible mean reversion or sideways action, with key levels to watch for support and resistance as the market digests recent gains.