USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-15 18:09 CT

Price Action

• Last: 119.89,
• 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 124.15,
• 4. Pvt. Next: Pvt low 108.73,
• 5. Levels R: 124.15, 119.89,
• 6. Levels S: 108.73, 88.47, 78.13, 75.18, 74.46.

Daily Benchmarks

• (Short-Term) 5 Day: 116.08 Up Trend,
• (Short-Term) 10 Day: 109.22 Up Trend,
• (Intermediate-Term) 20 Day: 89.18 Up Trend,
• (Intermediate-Term) 55 Day: 82.80 Up Trend,
• (Long-Term) 100 Day: 74.67 Up Trend,
• (Long-Term) 200 Day: 74.07 Up Trend.

Additional Metrics

• ATR: 414,
• VOLMA: 8.1M.

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 solid 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 124.15 and the next significant support at 108.73. The ATR is elevated, reflecting heightened volatility, and volume is robust, supporting the move. The chart suggests a breakout environment, likely driven by a combination of technical momentum and possibly macro or news-driven catalysts. The structure shows a series of higher lows and higher highs, with little evidence of immediate reversal or exhaustion. The overall environment is bullish across all timeframes, with price well above all major moving averages and no significant resistance until the recent highs. This setup is characteristic of a strong trend continuation phase, with volatility expansion and institutional participation evident in the volume profile.