USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-13 07:10 CT

Price Action

• Last: 118.93,
• 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 119.13,
• 4. Pvt. Next: Pvt Low 108.17,
• 5. Levels R: 119.13, 109.98,
• 6. Levels S: 87.20, 81.48, 78.13, 75.18, 74.46.

Daily Benchmarks

• (Short-Term) 5 Day: 104.95 Up Trend,
• (Short-Term) 10 Day: 104.68 Up Trend,
• (Intermediate-Term) 20 Day: 94.54 Up Trend,
• (Intermediate-Term) 55 Day: 81.48 Up Trend,
• (Long-Term) 100 Day: 74.64 Up Trend,
• (Long-Term) 200 Day: 74.42 Up Trend.

Additional Metrics

• ATR: 13.8,
• VOLMA: 25,776,40.

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 uptrends, confirming broad-based strength. Swing pivot analysis shows both short-term and intermediate-term trends are up, with the most recent pivot high at 119.13 and the next potential pivot low at 108.17, suggesting a wide range for potential retracement. Resistance is concentrated near recent highs, while support levels are layered significantly lower, reflecting the magnitude of the recent rally. ATR is elevated, and volume is robust, both pointing to heightened volatility and strong participation. The overall technical structure is bullish across all timeframes, with the market in a clear trending phase following a breakout and possible short squeeze. The current environment is characterized by momentum-driven price action, with the potential for sharp pullbacks given the distance to support, but the prevailing trend remains upward.