USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-17 07:12 CT

Price Action

• Last: 115.03,
• 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 124.19,
• 4. Pvt. Next: Pvt Low 108.73,
• 5. Levels R: 124.19, 115.65,
• 6. Levels S: 88.47, 84.13, 78.03, 75.18, 74.46.

Daily Benchmarks

• (Short-Term) 5 Day: 111.13 Up Trend,
• (Short-Term) 10 Day: 109.78 Up Trend,
• (Intermediate-Term) 20 Day: 91.35 Up Trend,
• (Intermediate-Term) 55 Day: 84.13 Up Trend,
• (Long-Term) 100 Day: 79.84 Up Trend,
• (Long-Term) 200 Day: 74.94 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

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 horizons are in clear uptrends, confirming broad-based bullish sentiment. Swing pivot analysis shows the current trend remains up, with the most recent pivot high at 124.19 and the next potential pivot low at 108.73, suggesting the market is extended but has not yet signaled reversal. Support levels are well below current price, highlighting the magnitude of the recent rally. Volatility is elevated (high ATR), and volume has surged, reflecting strong participation and possibly a news-driven or macro event. The overall structure is bullish across all timeframes, with no immediate signs of exhaustion or reversal, though the distance from support and the size of recent moves may warrant attention for potential retracement or consolidation phases ahead. The market is in a clear trend continuation phase, with higher highs and higher lows dominating the chart.