USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-15 07:08 CT

Price Action

Last: 151.63,
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, 108.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

(Short-Term) 5 Day: 129.93 Up Trend,
(Short-Term) 10 Day: 126.19 Up Trend,
(Intermediate-Term) 20 Day: 100.56 Up Trend,
(Intermediate-Term) 55 Day: 89.76 Up Trend,
(Long-Term) 100 Day: 78.99 Up Trend,
(Long-Term) 200 Day: 75.08 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly expansion phase with a large-range breakout and strong upside momentum, pushing well above all major benchmark moving averages. The pivot structure remains firmly in UTrend, with the latest swing high at 151.63 defining the dominant resistance and the prior low at 121.89 marking the next major pivot reference. Price is extended well above the longer-term MA cluster, which now acts as a rising trend foundation rather than overhead resistance. The weekly, monthly, and yearly Fib session structures are effectively neutral on the printed summary, but the tape action shows clear trend acceptance above the prior consolidation bands and a continuation profile rather than a range-bound environment. From a futures swing trader viewpoint, the chart reflects strong trend continuation, elevated momentum, and a vertically impulsive move that has transitioned the instrument into a high-momentum bullish cycle across short, intermediate, and long horizons.