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

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is in a strong weekly upside expansion with a large momentum candle pressing into new highs near 154. The pivot structure remains firmly constructive, with the current short-term pivot trend in UTrend and the benchmark stack aligned higher across all listed moving averages. The weekly and monthly session fib grids remain neutral inside their NTZ zones, but price is trading well above the major support shelves and has transitioned from a broad multi-year consolidation into a vertical breakout phase. The recent move shows a momentum-driven rally with little overhead resistance until the 154 area, while the support map is layered beneath at 110.35, 106.45, 94.23, 65.99, and 61.75. From a futures swing trader view, the chart reflects a powerful trend continuation regime with strong trend alignment across short, intermediate, and long horizons.


Chart Analysis ATS AI Generated: 2026-05-28 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.