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

Price Action

• Last: 138.94,
• 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 138.94,
• 4. Pvt. Next: Pvt low 130.05,
• 5. Levels R: 138.94, 130.05, 120.45,
• 6. Levels S: 106.45, 98.11, 88.71, 82.59, 78.38.

Daily Benchmarks

• (Short-Term) 5 Day: 126.68 Up Trend,
• (Short-Term) 10 Day: 122.04 Up Trend,
• (Intermediate-Term) 20 Day: 117.93 Up Trend,
• (Intermediate-Term) 55 Day: 99.10 Up Trend,
• (Long-Term) 100 Day: 82.59 Up Trend,
• (Long-Term) 200 Day: 78.38 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 perspectives. The swing pivot structure shows a clear uptrend, with the most recent pivot high at 138.94 and the next potential pivot low at 130.05, suggesting that any pullbacks may find support well above previous consolidation zones. Support levels are layered significantly below current price, highlighting the extent of the recent rally. 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 price is extended but not yet at a major inflection. Overall, the chart reflects a strong trending environment, with momentum and structure favoring continuation, though the distance from support may lead to periods of consolidation or retracement as the trend matures.