USO United States Oil Fund LP Daily Chart Analysis: 2026-May-27 07:07 CT

Price Action

• Last: 135.94,
• Bars: Large,
• Mom: average.

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 135.94,
• 4. Pvt. Next: Pvt High 145.60,
• 5. Levels R: 154.08,
• 6. Levels S: 135.94, 127.38, 110.35, 106.45, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 146.00 Down Trend,
• (Short-Term) 10 Day: 144.62 Down Trend,
• (Intermediate-Term) 20 Day: 142.77 Up Trend,
• (Intermediate-Term) 55 Day: 127.61 Up Trend,
• (Long-Term) 100 Day: 105.79 Up Trend,
• (Long-Term) 200 Day: 88.87 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO remains in a broad higher-timeframe uptrend that accelerated from the March base into the May highs, but the most recent daily structure is showing a clear short-term corrective phase after a sharp run. Price is now sitting near the 135.94 pivot-low area, below the short-term benchmark averages, while still holding above the 20, 55, 100, and 200 day trend structure. The swing pivot sequence has turned down in the near term, yet the intermediate trend remains constructive with the higher-low framework still visible beneath the recent pullback. Overhead resistance is defined by 145.60 and then 154.08, while layered support levels remain stacked below at 127.38, 110.35, 106.45, and 98.47, reflecting a market that has shifted from impulse advance into retracement and consolidation after the prior breakout leg.