USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-19 07:08 CT

Price Action

• Last: 154.08,
• 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 154.08,
• 4. Pvt. Next: Pvt Low 121.89,
• 5. Levels R: 154.08,
• 6. Levels S: 110.35, 106.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 134.61 Up Trend,
• (Short-Term) 10 Day: 130.13 Up Trend,
• (Intermediate-Term) 20 Day: 104.55 Up Trend,
• (Intermediate-Term) 55 Day: 91.84 Up Trend,
• (Long-Term) 100 Day: 79.71 Up Trend,
• (Long-Term) 200 Day: 75.45 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly uptrend with a large-range breakout impulse and fast momentum pushing price to a new pivot high at 154.08. The pivot structure remains firmly bullish, with both short-term and intermediate-term trends aligned higher and the next pivot framework pointing to the prior swing low at 121.89 as the key opposite pivot reference. Benchmark moving averages are stacked in bullish order and all trending up, confirming broad trend alignment across short, intermediate, and long horizons. Price has expanded well above the yearly fib NTZ area, showing strong continuation behavior rather than consolidation, with prior resistance zones left behind and higher support levels now acting as the swing map.