USO United States Oil Fund LP Weekly Chart Analysis: 2026-Apr-13 07:11 CT

Price Action

• Last: 124.82,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 118.00,
• 4. Pvt. Next: Pvt high 139.48,
• 5. Levels R: 140.00,
• 6. Levels S: 118.00, 106.45, 94.23, 69.95, 65.99.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 122.44 Up Trend,
• (Intermediate-Term) 10 Week: 110.74 Up Trend,
• (Long-Term) 20 Week: 85.53 Up Trend,
• (Long-Term) 55 Week: 81.08 Up Trend,
• (Long-Term) 100 Week: 76.24 Up Trend,
• (Long-Term) 200 Week: 73.90 Up Trend.

Overall Rating

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

Key Insights Summary

USO has experienced a dramatic surge, with large weekly bars and fast momentum pushing price to 124.82, well above all major moving averages. The short-term swing pivot trend has shifted to down (DTrend), indicating a potential pullback or pause after the recent explosive rally. However, the intermediate and long-term trends remain firmly bullish, supported by strong uptrends across all benchmark moving averages. Resistance is marked at 140.00, with key support levels at 118.00 and 106.45. The price is currently consolidating after a vertical move, suggesting the market may be digesting gains and setting up for either a retracement or a continuation. The neutral bias on all session fib grids reflects this indecision. Futures swing traders will note the potential for volatility and sharp moves as the market tests these new highs, with the broader trend structure still favoring the bulls over the intermediate and long term.