USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-30 07:09 CT

Price Action

• Last: 124.20,
• 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 124.20,
• 4. Pvt. Next: Pvt Low 112.28,
• 5. Levels R: 125.19,
• 6. Levels S: 106.45, 88.47, 88.11, 79.75, 77.06.

Daily Benchmarks

• (Short-Term) 5 Day: 115.44 Up Trend,
• (Short-Term) 10 Day: 117.10 Up Trend,
• (Intermediate-Term) 20 Day: 108.13 Up Trend,
• (Intermediate-Term) 55 Day: 93.18 Up Trend,
• (Long-Term) 100 Day: 79.75 Up Trend,
• (Long-Term) 200 Day: 77.06 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 significant and rapid price advance, as evidenced by large bars and fast momentum, with the last price at 124.20 near recent highs. All benchmark moving averages across short, intermediate, and long-term horizons are in strong uptrends, confirming broad-based bullish momentum. Swing pivot analysis shows the current trend remains upward, with the most recent pivot high at 124.20 and the next potential support pivot at 112.28. Key resistance is just above at 125.19, while multiple support levels are well below, indicating a wide range for potential retracement. Volatility is elevated (ATR 138), and volume remains robust, supporting the strength of the move. The overall technical structure suggests a strong trending environment, with price action well above all major moving averages and no immediate signs of reversal or exhaustion. The market is in a clear bullish phase across all timeframes, with the potential for continued volatility and trend persistence.