USO United States Oil Fund LP Daily Chart Analysis: 2026-May-21 07:09 CT

Price Action

• Last: 141.96,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 141.96,
• 4. Pvt. Next: Pvt High 151.20,
• 5. Levels R: 154.08,
• 6. Levels S: 141.96, 127.38, 110.35, 106.45, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 147.10 Down Trend,
• (Short-Term) 10 Day: 142.10 Down Trend,
• (Intermediate-Term) 20 Day: 141.21 Up Trend,
• (Intermediate-Term) 55 Day: 125.89 Up Trend,
• (Long-Term) 100 Day: 103.00 Up Trend,
• (Long-Term) 200 Day: 87.86 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is trading with a strong higher-timeframe uptrend while the short-term structure has rolled into a pivot decline from the recent swing high. Price is holding well above the 20-day and 55-day benchmarks, which keeps the intermediate and long-term backdrop constructive, but the current daily pivot sequence shows a lower short-term swing and a retracement from the prior impulse leg. The chart remains in a broad stair-step advance with repeated expansion and pullback cycles, and the latest move is a sharp corrective phase within that larger trend. The monthly and yearly fib grids are centered in neutral territory on the displayed template, while the pivot map keeps the next major reference points at 151.20 resistance and 141.96 support, with deeper support layers lower on the chart.