USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-06 07:08 CT

Price Action

• Last: 137.92,
• 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 140.10,
• 4. Pvt. Next: Pvt Low 128.88,
• 5. Levels R: 140.00, 137.92,
• 6. Levels S: 106.45, 97.67, 88.11, 81.92, 78.08.

Daily Benchmarks

• (Short-Term) 5 Day: 124.53 Up Trend,
• (Short-Term) 10 Day: 119.04 Up Trend,
• (Intermediate-Term) 20 Day: 115.85 Up Trend,
• (Intermediate-Term) 55 Day: 91.86 Up Trend,
• (Long-Term) 100 Day: 81.92 Up Trend,
• (Long-Term) 200 Day: 78.08 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. The swing pivot structure confirms an uptrend both short- and intermediate-term, with the most recent pivot high at 140.10 and next key support at 128.88. All benchmark moving averages are trending upward, reinforcing the strength of the move and suggesting broad participation. The ATR is elevated, reflecting heightened volatility, while volume remains robust, supporting the price advance. There are no clear signs of exhaustion or reversal, and the price remains well above all major support levels. The technical landscape points to a continuation of the current uptrend, with the market in a strong trending phase rather than consolidation or retracement. This environment is typically favorable for trend-following swing strategies, with attention to potential volatility spikes and rapid price swings.