USO United States Oil Fund LP Weekly Chart Analysis: 2026-Mar-30 07:10 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend, UTrend,
- 3. Pvt. Evolve: Pvt high 100.45,
- 4. Pvt. Next: Pvt high 119.53,
- 5. Levels R: 124.20, 119.53,
- 6. Levels S: 100.45, 94.43, 84.29, 81.05, 69.43, 65.99, 64.67.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 104.99 Up Trend,
- (Intermediate-Term) 10 Week: 102.88 Up Trend,
- (Long-Term) 20 Week: 80.12 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: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO has experienced a dramatic surge, with the last price at 124.20 and large, fast momentum bars indicating a strong breakout move. All benchmark moving averages across short, intermediate, and long-term horizons are in solid uptrends, confirming broad-based strength. The swing pivot structure shows a short-term downtrend, but intermediate-term trends remain up, and the most recent pivots have been taken out to the upside, with resistance now at new highs. Support levels are well below current price, suggesting a significant extension above prior consolidation zones. The price has decisively exited the NTZ (neutral zone) and is trading well above all major moving averages, reflecting a powerful trend continuation. This move may be driven by a combination of technical breakout, possible macro news, or seasonal factors, and the chart currently favors a bullish outlook across all timeframes, with volatility elevated and the potential for further trend extension or sharp pullbacks.
Chart Analysis ATS AI Generated: 2026-03-30 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.