USO United States Oil Fund LP Daily Chart Analysis: 2026-May-18 07:08 CT

Price Action

• Last: 148.41,
• 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 148.41,
• 4. Pvt. Next: Pvt Low 139.13,
• 5. Levels R: 151.63, 149.47, 148.41,
• 6. Levels S: 127.38, 110.35, 108.45, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 140.32 Up Trend,
• (Short-Term) 10 Day: 140.51 Up Trend,
• (Intermediate-Term) 20 Day: 130.96 Up Trend,
• (Intermediate-Term) 55 Day: 123.08 Up Trend,
• (Long-Term) 100 Day: 86.79 Up Trend,
• (Long-Term) 200 Day: 88.79 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a strong higher-highs and higher-lows structure with momentum still running hot after the latest push into the upper pivot band near 148-149. The daily close is sitting well above the 5, 10, 20, 55, 100, and 200 day benchmarks, showing broad trend alignment across all horizons. Swing pivots remain in an uptrend, with resistance layered overhead at 149.47 and 151.63 while prior support is far below the market, reflecting a mature trend rather than a compressed range. The chart shows an impulsive rally, a sharp retracement, and then a renewed breakout sequence, which fits a persistent trend-continuation profile with elevated daily volatility and active participation.