USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-11 07:12 CT

Price Action

Last: 105.86,
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 107.59,
4. Pvt. Next: Pvt Low 89.76,
5. Levels R: 109.98, 107.59,
6. Levels S: 88.11, 80.13, 78.18, 74.46, 71.00.

Daily Benchmarks

(Short-Term) 5 Day: 96.23 Up Trend,
(Short-Term) 10 Day: 92.02 Up Trend,
(Intermediate-Term) 20 Day: 84.31 Up Trend,
(Intermediate-Term) 55 Day: 79.56 Up Trend,
(Long-Term) 100 Day: 73.88 Up Trend,
(Long-Term) 200 Day: 74.02 Up Trend.

Additional Metrics

ATR: 138,
VOLMA: 2577640.

Overall Rating

Short-Term: Bullish,
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 strong and aggressive move higher. All benchmark moving averages across short, intermediate, and long-term timeframes are in clear uptrends, confirming broad-based strength. Swing pivot analysis shows the current trend remains up, with the most recent pivot high at 107.59 and next potential support at 89.76, while resistance is marked at 109.98. The ATR is elevated, reflecting heightened volatility, and volume has surged, suggesting strong participation in the move. The neutral bias on the session fib grids suggests the move is extended and may be entering a consolidation or pause phase after the breakout. Overall, the technical structure is robustly bullish across all timeframes, but the recent parabolic move and volatility may lead to a period of digestion or retracement before the next directional leg.