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

Price Action

• Last: 118.25,
• 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 04.23,
• 4. Pvt. Next: Pvt high 104.97,
• 5. Levels R: 122.09,
• 6. Levels S: 04.23, 65.99, 61.78, 60.77, 59.78.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 84.04 Up Trend,
• (Intermediate-Term) 10 Week: 74.78 Up Trend,
• (Long-Term) 20 Week: 74.78 Up Trend,
• (Long-Term) 55 Week: 74.12 Up Trend,
• (Long-Term) 100 Week: 73.08 Up Trend,
• (Long-Term) 200 Week: 203.08 UTrend.

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 118.25 and large, fast momentum bars indicating a strong breakout move. Despite the neutral bias from the session fib grids, the swing pivot structure shows a recent pivot low and a next target at a much higher pivot high, suggesting the potential for continued volatility. Resistance is marked at 122.09, with multiple support levels far below, highlighting the magnitude of the recent move. All benchmark moving averages are in strong uptrends, confirming broad bullish momentum across timeframes. The intermediate-term HiLo trend is up, while the short-term pivot trend is down, likely reflecting the aftermath of a sharp rally and possible short-term exhaustion or pullback. Overall, the technical landscape is bullish across all horizons, with the recent price action suggesting a possible trend continuation or a period of consolidation after an outsized move. This environment is characterized by high volatility, potential for sharp retracements, and a need to monitor for either a sustained breakout or a corrective phase.