USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-22 18:07 CT

Price Action

• Last: 119.73,
• 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 125.19,
• 4. Pvt. Next: Pvt low 111.41,
• 5. Levels R: 125.19, 119.73,
• 6. Levels S: 94.23, 65.99, 60.77, 59.78, 57.83.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 76.33 Up Trend,
• (Intermediate-Term) 10 Week: 74.75 Up Trend,
• (Long-Term) 20 Week: 73.27 Up Trend,
• (Long-Term) 55 Week: 75.33 Up Trend,
• (Long-Term) 100 Week: 74.70 Up Trend,
• (Long-Term) 200 Week: 73.27 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic breakout, with a large, fast momentum move pushing price to 119.73, well above all major resistance and moving averages. The swing structure shows a strong uptrend in both short- and intermediate-term pivots, with the most recent pivot high at 125.19 and next support at 94.23. All benchmark moving averages are trending up, confirming broad bullish strength across timeframes. The price has surged out of the neutral NTZ zone, indicating a significant shift in sentiment and potential for continued volatility. This move may reflect a major news or macro event, and the chart suggests a transition from a prolonged consolidation to a powerful trend phase. The current environment is characterized by breakout dynamics, with the potential for further upside but also increased volatility and wide price swings.