USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-27 07:10 CT

Price Action

Last: 117.26,
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 104.05,
4. Pvt. Next: Pvt high 125.19,
5. Levels R: 125.19, 120.89, 118.15,
6. Levels S: 94.83, 65.99, 64.67, 59.78.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 102.88 Up Trend,
(Intermediate-Term) 10 Week: 80.12 Up Trend,
(Long-Term) 20 Week: 79.56 Up Trend,
(Long-Term) 55 Week: 77.94 Up Trend,
(Long-Term) 100 Week: 75.18 Up Trend,
(Long-Term) 200 Week: 73.47 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic surge, with the most recent weekly bar showing a large, fast momentum move to the upside, pushing price well above all major moving averages. The short-term swing pivot trend is down, indicating a possible short-term pullback or pause after the explosive rally, but the intermediate-term HiLo trend remains up, supported by a series of higher lows and higher highs. All benchmark moving averages are trending upward, confirming strong bullish momentum in the intermediate and long-term outlooks. Resistance is now defined at 125.19, with support levels far below at 94.83 and lower, highlighting the magnitude of the recent breakout. The price is currently neutral relative to the session fib grids, suggesting a consolidation phase may follow this outsized move. Overall, the chart reflects a market that has transitioned from a prolonged consolidation to a breakout phase, with volatility elevated and the potential for both trend continuation and sharp retracements.