USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-01 07:11 CT

Price Action

• Last: 127.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Apr

• 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 130.39,
• 4. Pvt. Next: Pvt Low 118.09,
• 5. Levels R: 130.39, 127.25, 125.00, 120.83,
• 6. Levels S: 112.37, 106.45, 98.11, 89.11, 77.60.

Daily Benchmarks

• (Short-Term) 5 Day: 116.84 Up Trend,
• (Short-Term) 10 Day: 119.01 Up Trend,
• (Intermediate-Term) 20 Day: 112.37 Up Trend,
• (Intermediate-Term) 55 Day: 90.83 Up Trend,
• (Long-Term) 100 Day: 80.84 Up Trend,
• (Long-Term) 200 Day: 77.60 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 short covering. All benchmark moving averages are in uptrends, confirming broad-based strength and trend alignment from short to long term. The most recent swing pivot is a new high at 130.39, with the next key support at 118.09, suggesting the market is in a strong uptrend phase with higher highs and higher lows. Volatility, as measured by ATR, is elevated, and volume has surged, reflecting increased participation and possibly a breakout environment. The neutral bias on the session fib grids suggests price is extended above key value areas, with no immediate reversal signals. Overall, the technical structure supports a continuation of the bullish trend, with the market in a momentum-driven phase, possibly fueled by macro or news catalysts, and no significant resistance until the recent highs.