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

Price Action

• Last: 139.60,
• 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 140.40,
• 4. Pvt. Next: Pvt Low 111.06,
• 5. Levels R: 140.40,
• 6. Levels S: 110.35, 106.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 127.08 Up Trend,
• (Short-Term) 10 Day: 114.83 Up Trend,
• (Intermediate-Term) 20 Day: 93.58 Up Trend,
• (Intermediate-Term) 55 Day: 86.11 Up Trend,
• (Long-Term) 100 Day: 77.70 Up Trend,
• (Long-Term) 200 Day: 74.50 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly upside expansion with a large, fast-momentum candle pressing into the prior swing high at 140.40. The pivot structure remains firmly in UTrend, and the higher-timeframe HiLo trend is also UTrend, showing broad trend alignment. Price is trading well above all benchmark moving averages, with the 5, 10, 20, 55, 100, and 200 day measures all rising and stacked in bullish order, which supports a strong trend continuation profile. The recent move reflects a sharp breakout from a long base/consolidation zone around the mid-70s to low-90s area, followed by a vertical rally and test of the upper pivot resistance zone. From a futures swing trader viewpoint, the chart shows trend strength, expansion, and momentum dominance across short-, intermediate-, and long-term frames.