USO United States Oil Fund LP Weekly 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 130.19,
• 4. Pvt. Next: Pvt low 113.71,
• 5. Levels R: 130.19,
• 6. Levels S: 100.45, 94.29, 69.05, 65.99, 60.67.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 104.95 Up Trend,
• (Intermediate-Term) 10 Week: 92.41 Up Trend,
• (Long-Term) 20 Week: 82.21 Up Trend,
• (Long-Term) 55 Week: 79.60 Up Trend,
• (Long-Term) 100 Week: 75.62 Up Trend,
• (Long-Term) 200 Week: 73.66 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic breakout, with price surging to new highs and momentum accelerating sharply. The large weekly bars and fast momentum indicate strong buying pressure, likely driven by a combination of technical breakout and possible macro catalysts. All benchmark moving averages are trending up, confirming a robust bullish structure across all timeframes. Swing pivots show a clear uptrend, with the most recent pivot high at 130.19 and the next significant support levels well below current price, suggesting a wide range for potential retracement. The neutral bias on the session fib grids reflects the rapid move out of prior consolidation zones, with price now well above the NTZ. The overall structure signals a strong trend continuation environment, with volatility elevated and the potential for further upside, though traders should be aware of the distance to next support in the event of a pullback.