USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-29 18:08 CT

Price Action

• Last: 126.46,
• 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 high 126.46,
• 4. Pvt. Next: Pvt high 121.57,
• 5. Levels R: 126.46, 121.57, 105.45, 94.23,
• 6. Levels S: 100.45, 84.29, 65.99, 64.67.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 104.95 Up Trend,
• (Intermediate-Term) 10 Week: 102.88 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 latest weekly bar showing a large, fast momentum move to new highs at 126.46. Despite this explosive price action, the short-term swing pivot trend has shifted to a downtrend, suggesting a potential for near-term pullback or consolidation after the sharp rally. Intermediate and long-term trends remain bullish, supported by all major moving averages trending upward and price well above key benchmarks. Resistance is now established at the recent high (126.46), with support levels far below, indicating a wide range and elevated volatility. The neutral bias in the session fib grids reflects the market's transition phase after a breakout, with no clear overbought or oversold signals. Overall, the chart signals a strong bullish structure on higher timeframes, but the short-term may see profit-taking or a pause before the next directional move.