USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-13 07:08 CT

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is in a strong weekly expansion phase with a large, fast-momentum advance pushing price well above every benchmark moving average and the active pivot support stack. The pivot structure remains firmly UTrend, with the latest swing high at 151.63 defining the immediate resistance reference and the next swing low support at 121.89 marking the major pullback pivot below. The weekly, monthly, and yearly session fib grids are effectively neutral in bias from the template readout, but the price location is decisively elevated relative to those midline zones, reflecting a powerful trend extension rather than balance. The benchmark ribbon is fully aligned upward across short-, intermediate-, and long-term measures, which confirms broad trend continuity and strong trend participation. From a futures swing trader’s viewpoint, the tape shows a mature bullish impulse with a steep vertical leg and prior consolidation shelves left behind below, indicating a trend-driven market with strong directional follow-through and elevated range expansion.


Chart Analysis ATS AI Generated: 2026-05-13 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.