USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-07 07:09 CT

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

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.