USO United States Oil Fund LP Weekly Chart Analysis: 2026-Apr-05 18:06 CT

Price Action

• Last: 138.83,
• 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 140.09,
• 4. Pvt. Next: Pvt low 125.38,
• 5. Levels R: 140.09,
• 6. Levels S: 125.38, 94.43, 65.99, 60.67.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 111.25 Up Trend,
• (Intermediate-Term) 10 Week: 94.13 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 138.83 and printing large, fast-momentum bars. All benchmark moving averages are in strong uptrends, confirming broad-based strength across timeframes. The swing pivot structure shows a clear uptrend in both short- and intermediate-term, with the most recent pivot high at 140.09 and next support at 125.38. The price has decisively exited the prior multi-year consolidation (NTZ), signaling a major regime shift. This move likely reflects a combination of macro catalysts, possible supply shocks, or strong demand, and is reinforced by the alignment of all technicals in favor of the bulls. The market is in a trend extension phase, with volatility elevated and little overhead resistance until new highs are established. The overall structure suggests a powerful trend continuation, with the potential for further upside as long as the current momentum and trend structure remain intact.