USO United States Oil Fund LP Weekly Chart Analysis: 2026-May-29 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: 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: 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: 139.59 Up Trend,
• (Short-Term) 10 Day: 132.23 Up Trend,
• (Intermediate-Term) 20 Day: 108.15 Up Trend,
• (Intermediate-Term) 55 Day: 93.60 Up Trend,
• (Long-Term) 100 Day: 80.33 Up Trend,
• (Long-Term) 200 Day: 75.78 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly upside expansion, with a large impulsive bar printing into fresh highs near 154.08 and price holding far above all benchmark moving averages. The swing structure is firmly UTrend on the short-term pivot model, while the higher-timeframe pivot profile remains aligned with the broader advance. The market has transitioned from a long consolidation band in the 60s-70s into a steep breakout sequence, leaving stacked support levels below at 110.35, 106.45, 94.23, 65.99, and 61.75. This is a trend-dominant weekly chart with strong momentum, rising benchmarks, and a clean higher-high structure across the weekly cycle.