USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-10 07:09 CT

Price Action

Last: 125.09,
Bars: Large,
Mom: 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 140.89,
4. Pvt. Next: Pvt Low 118.24,
5. Levels R: 140.89, 120.48,
6. Levels S: 118.24, 106.45, 84.96, 78.03.

Daily Benchmarks

(Short-Term) 5 Day: 132.72 Up Trend,
(Short-Term) 10 Day: 127.85 Up Trend,
(Intermediate-Term) 20 Day: 122.07 Up Trend,
(Intermediate-Term) 55 Day: 106.28 Up Trend,
(Long-Term) 100 Day: 84.45 Up Trend,
(Long-Term) 200 Day: 79.15 Up Trend.

Additional Metrics

ATR: 138,
VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has experienced a strong and rapid rally, with price action characterized by large bars and fast momentum, pushing to new swing highs at 140.89 before a recent pullback. All benchmark moving averages across short, intermediate, and long-term timeframes are in strong uptrends, confirming broad bullish momentum. The swing pivot structure shows the current trend remains up, but with the most recent pivot high established, the next key level to watch is the potential pivot low at 118.24. Support levels are well-defined below, with the nearest at 118.24 and further down at 106.45, while resistance is set at the recent high. Volatility remains elevated (ATR 138), and volume is robust, supporting the trend. The overall structure suggests the market is in a bullish phase, but after a sharp move higher, some consolidation or retracement is possible as the market digests gains. No clear reversal signals are present, and the trend remains intact across all timeframes.