USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-01 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 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: 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: 123.23 Up Trend,
• (Intermediate-Term) 20 Day: 108.15 Up Trend,
• (Intermediate-Term) 55 Day: 93.6 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 strong weekly breakout phase with a large expansion candle pushing price to a new swing high near 154.08, well above all benchmark moving averages. The pivot structure remains firmly in UTrend, while the higher-timeframe pivot map shows a clear stair-step advance from the 60s and 90s into the 110s and now the 150s. The benchmark stack is fully aligned to the upside, with the 5, 10, 20, 55, 100, and 200-week averages all trending higher, confirming a durable long-term uptrend. The recent move has the character of a vertical trend extension, leaving the chart extended above the prior yearly NTZ zones and well outside the earlier consolidation ranges. The dominant theme is trend continuation with strong momentum, higher highs, and higher lows across the broader cycle.