
USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-07 07:09 CT
Price Action
- Last: 133.95,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month May
- 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 151.63,
- 4. Pvt. Next: Pvt Low 121.89,
- 5. Levels R: 151.63,
- 6. Levels S: 110.35, 106.45, 94.23, 65.99, 61.75.
Weekly Benchmarks
- (Short-Term) 5 Day: 130.8 Up Trend,
- (Short-Term) 10 Day: 121.02 Up Trend,
- (Intermediate-Term) 20 Day: 97.28 Up Trend,
- (Intermediate-Term) 55 Day: 88.13 Up Trend,
- (Long-Term) 100 Day: 78.38 Up Trend,
- (Long-Term) 200 Day: 74.8 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 bar pressing into the upper end of the 2026 range. The pivot structure remains upward, with the latest swing high set at 151.63 and supports stepped up in clear layers beneath price. All benchmark moving averages are rising and stacked in bullish alignment, confirming a strong trend regime across short, intermediate, and long horizons. The move stands out as a breakout-style advance after a prolonged base and coil near the yearly fib midline, followed by a vertical thrust that signals trend continuation rather than consolidation.
Chart Analysis ATS AI Generated: 2026-05-07 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.