USO United States Oil Fund LP Daily Chart Analysis: 2026-Mar-31 07:10 CT

Price Action

• Last: 129.83,
• 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 130.08,
• 4. Pvt. Next: Pvt Low 117.72,
• 5. Levels R: 130.08, 126.05, 120.85, 109.08,
• 6. Levels S: 106.45, 88.11, 78.48, 77.33.

Daily Benchmarks

• (Short-Term) 5 Day: 115.09 Up Trend,
• (Short-Term) 10 Day: 117.43 Up Trend,
• (Intermediate-Term) 20 Day: 110.24 Up Trend,
• (Intermediate-Term) 55 Day: 94.29 Up Trend,
• (Long-Term) 100 Day: 80.27 Up Trend,
• (Long-Term) 200 Day: 77.33 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is exhibiting a strong bullish trend across all timeframes, with price action characterized by large bars and fast momentum, indicating aggressive buying and potential trend acceleration. All benchmark moving averages are in uptrends, confirming broad-based strength from short to long term. Swing pivot analysis shows the current trend is up, with the most recent pivot high at 130.08 and the next potential pivot low at 117.72, suggesting a wide range for possible retracement but no immediate reversal signals. Resistance levels are being tested and surpassed, while support levels are well below current price, reflecting a market in breakout mode. Volatility, as measured by ATR, is elevated, and volume remains robust, supporting the sustainability of the move. The neutral bias on the session fib grids suggests the rally is not yet overextended relative to recent session ranges. Overall, the technical landscape points to a continuation of the bullish trend, with the potential for further upside as long as momentum and volume persist.