USO United States Oil Fund LP Weekly 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 65.99,
• 4. Pvt. Next: Pvt high 109.47,
• 5. Levels R: 122.09, 109.47,
• 6. Levels S: 65.99, 61.78, 60.77, 59.78, 58.78.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 84.04 Up Trend,
• (Intermediate-Term) 10 Week: 74.78 Up Trend,
• (Long-Term) 20 Week: 73.08 Up Trend,
• (Long-Term) 55 Week: 77.42 Up Trend,
• (Long-Term) 100 Week: 74.37 Up Trend,
• (Long-Term) 200 Week: 73.08 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic surge, with the last price at 105.86 and large, fast momentum bars indicating a strong breakout move. The short-term swing pivot trend is down, but the intermediate-term HiLo trend is up, reflecting a recent reversal from a significant low (65.99) to a new high (109.47). All benchmark moving averages across timeframes are in uptrends, confirming broad-based strength. Resistance is noted at 109.47 and 122.09, while support is layered below at 65.99 and lower. The price has decisively exited the prior neutral trading zone, suggesting a shift from consolidation to a trending environment. This move may be driven by macro catalysts, seasonality, or a supply-demand shock, and the technicals point to a strong bullish bias across all timeframes, with potential for continued volatility and trend extension.