USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-12 07:10 CT

Price Action

• Last: 109.45,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt High 109.38,
• 4. Pvt. Next: Pvt Low 89.76,
• 5. Levels R: 109.98, 108.38,
• 6. Levels S: 98.47, 89.11, 80.98, 75.18, 74.48.

Daily Benchmarks

• (Short-Term) 5 Day: 104.95 Up Trend,
• (Short-Term) 10 Day: 101.37 Up Trend,
• (Intermediate-Term) 20 Day: 87.76 Up Trend,
• (Intermediate-Term) 55 Day: 80.98 Up Trend,
• (Long-Term) 100 Day: 74.28 Up Trend,
• (Long-Term) 200 Day: 74.22 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• 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 are in uptrends, confirming broad-based strength. The short-term swing pivot trend remains up, but the intermediate-term HiLo trend has shifted to down, suggesting some caution for potential retracement or consolidation after the recent explosive rally. Resistance is clustered near the recent highs (109.98, 108.38), while support levels are well below, indicating a wide range for potential pullbacks. ATR and volume are both elevated, reflecting heightened volatility and participation. The overall structure suggests a market that has broken out of a prolonged consolidation, possibly driven by a news catalyst or seasonal factors, and is now in a high-volatility, trend-extension phase. However, the mixed intermediate-term pivot trend hints at the possibility of a pause or corrective action before the next directional move.