USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-19 07:12 CT

Price Action

Last: 121.67,
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 121.67,
4. Pvt. Next: Pvt Low 108.73,
5. Levels R: 121.67, 118.47, 110.00,
6. Levels S: 95.45, 86.43, 78.03, 76.13, 74.42.

Daily Benchmarks

(Short-Term) 5 Day: 116.04 Up Trend,
(Short-Term) 10 Day: 110.87 Up Trend,
(Intermediate-Term) 20 Day: 95.45 Up Trend,
(Intermediate-Term) 55 Day: 86.43 Up Trend,
(Long-Term) 100 Day: 76.64 Up Trend,
(Long-Term) 200 Day: 75.43 Up Trend.

Additional Metrics

ATR: 138,
VOLMA: 2577640.

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

USO is exhibiting a strong bullish trend across all timeframes, with price action characterized by large, fast momentum bars and a series of higher highs. All benchmark moving averages are in uptrends, confirming broad-based strength. The most recent swing pivot is a new high at 121.67, with the next potential pivot low at 108.73, indicating a significant cushion before any reversal signal. Support levels are well below current price, suggesting the market is extended but not yet showing signs of exhaustion. Volatility is elevated (high ATR), and volume has surged, reflecting strong participation in the recent rally. The technical structure points to a powerful trend continuation phase, with no immediate signs of reversal or consolidation. This environment is typically favorable for trend-following swing strategies, as the market is in a clear, sustained uptrend with robust momentum and broad confirmation from both price and volume metrics.