USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-01 07:07 CT

Price Action

• Last: 126.55,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jun

• 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 126.55,
• 4. Pvt. Next: Pvt High 136.89,
• 5. Levels R: 154.08,
• 6. Levels S: 126.55, 110.35, 106.45, 98.47, 89.11, 78.00.

Daily Benchmarks

• (Short-Term) 5 Day: 136.45 Down Trend,
• (Short-Term) 10 Day: 142.00 Down Trend,
• (Intermediate-Term) 20 Day: 141.46 Down Trend,
• (Intermediate-Term) 55 Day: 128.15 Up Trend,
• (Long-Term) 100 Day: 107.00 Up Trend,
• (Long-Term) 200 Day: 89.76 Up Trend.

Additional Metrics

• ATR: 7.87,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is sitting at a major pivot low around 126.55 after a fast decline from the 150s, with the short-term pivot trend turned down while the intermediate HiLo structure remains higher than the deeper trend base. Price is testing the upper end of the 55-day benchmark area, and the longer 100-day and 200-day benchmarks continue to slope higher, keeping the broader trend constructive even as the daily tape cools. The pivot map shows a clean sequence of higher-cycle resistance above at 136.89 and 154.08, while nearby support is layered at 126.55, 110.35, 106.45, 98.47, and 89.11. The structure reflects a strong prior rally, a sharp pullback, and a transition into a retracement phase with volatility still elevated.