USO United States Oil Fund LP Daily Chart Analysis: 2026-Apr-29 07:08 CT

Price Action

• Last: 139.60,
• Bars: Medium,
• 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 140.40,
• 4. Pvt. Next: Pvt Low 130.08,
• 5. Levels R: 140.89, 140.40,
• 6. Levels S: 110.35, 106.45, 98.47, 89.11, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 131.9 Up Trend,
• (Short-Term) 10 Day: 126.91 Up Trend,
• (Intermediate-Term) 20 Day: 128.5 Up Trend,
• (Intermediate-Term) 55 Day: 111.94 Up Trend,
• (Long-Term) 100 Day: 91.77 Up Trend,
• (Long-Term) 200 Day: 82.53 Up Trend.

Additional Metrics

• ATR: 584,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO remains in a strong bullish swing structure with price sitting near the upper end of the monthly session fib zone and just below the recent pivot high region. The daily benchmark stack is fully aligned higher across 5, 10, 20, 55, 100, and 200 day averages, which confirms trend persistence rather than a mean-reversion setup. Swing pivots also remain constructive with an uptrend in both the short-term pivot trend and the higher pivot/low structure, while resistance is clustered near 140.40 to 140.89 and support is layered below at 130.08, then 110.35 and 106.45. The chart shows a momentum-driven advance with prior pullbacks being absorbed and replaced by higher highs and higher lows, keeping the larger pattern trend-positive and extension-heavy.