USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-16 07:10 CT

Price Action

• Last: 122.59,
• 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 140.89,
• 4. Pvt. Next: Pvt low 121.61,
• 5. Levels R: 140.89, 133.53,
• 6. Levels S: 121.61, 118.06, 106.45, 98.47, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 125.74 Up Trend,
• (Short-Term) 10 Day: 124.12 Up Trend,
• (Intermediate-Term) 20 Day: 122.42 Up Trend,
• (Intermediate-Term) 55 Day: 105.84 Up Trend,
• (Long-Term) 100 Day: 86.67 Up Trend,
• (Long-Term) 200 Day: 80.19 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2,577,640.

Overall Rating

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

Key Insights Summary

USO is exhibiting strong bullish momentum across all timeframes, with price action characterized by large bars and fast momentum, indicating aggressive buying interest. All benchmark moving averages from short to long term are in uptrends, confirming broad-based strength. The swing pivot structure shows the most recent pivot high at 140.89 and the next potential pivot low at 121.61, with multiple support levels below, suggesting a healthy trend structure with higher lows. The ATR remains elevated, reflecting ongoing volatility, while volume is robust but not extreme. The neutral bias on the session fib grids suggests price is consolidating after a strong move, possibly digesting gains before the next directional push. Overall, the technical landscape favors trend continuation, with the market in a strong uptrend and no immediate signs of reversal or exhaustion.