USO United States Oil Fund LP Weekly Chart Analysis: 2026-Apr-30 07:08 CT

Price Action

WSFG Weekly

MSFG Month Apr

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is in a powerful weekly expansion phase with the last print at 150.63 after a sharp vertical breakout above the 2026 YSFG box and far above every benchmark moving average. The weekly structure is dominated by UTrend swing pivots, with price pressing into fresh highs at 151.63 while the pivot map leaves the next meaningful downside reference at 121.89. Benchmarks are fully aligned in rising order, confirming strong multi-timeframe trend continuity. The chart shows a transition from a long consolidation base around the 65 to 75 area into a breakout and acceleration leg, with momentum now fast and the bar size large, consistent with a trend continuation phase rather than a mean-reversion phase.


Chart Analysis ATS AI Generated: 2026-04-30 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.