USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-26 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: Bullish.

MSFG Month May

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Bullish.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Bullish.

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 expansion phase with price pressing into fresh highs near 154.08 after a steep vertical rally. The swing structure is firmly in UTrend across both the short-term pivot and the HiLo trend, while the benchmark stack is fully aligned bullish from the 5-day through the 200-day averages. Price is extended well above the weekly and monthly fib midlines, showing strong trend continuation behavior rather than consolidation. The current structure reflects a breakout-and-run environment with very strong momentum, wide price bars, and little overhead resistance beyond the latest pivot high. The dominant theme is an aggressive trend leg after a broad multi-year base-to-breakout progression, with prior support shelves now far below current price.