USO United States Oil Fund LP Daily Chart Analysis: 2026-May-28 07:08 CT

Price Action

• Last: 129.64,
• 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 129.64,
• 4. Pvt. Next: Pvt High 139.48,
• 5. Levels R: 154.08, 139.48,
• 6. Levels S: 129.64, 127.38, 110.35, 108.45, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 143.54 Down Trend,
• (Short-Term) 10 Day: 144.45 Down Trend,
• (Intermediate-Term) 20 Day: 142.88 Down Trend,
• (Intermediate-Term) 55 Day: 127.94 Up Trend,
• (Long-Term) 100 Day: 106.47 Up Trend,
• (Long-Term) 200 Day: 89.19 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a broad uptrend on the higher timeframes, but the daily structure has rolled over sharply from the recent May peak and is now testing the lower end of the active swing range. The short-term pivot trend is DTrend with price below the 20-day benchmark and beneath the most recent resistance band, which aligns with a bearish near-term tone. Intermediate structure is mixed to weak as the market has lost momentum after a strong rally and is working through a pullback/retracement phase around the 55-day area. Long-term structure remains constructive because price is still well above the 100-day and 200-day benchmarks, preserving the broader bullish cycle even while the current daily impulse is corrective and volatile.