USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-04 07:07 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: 138.93 Up Trend,
• (Short-Term) 10 Day: 133.00 Up Trend,
• (Intermediate-Term) 20 Day: 111.06 Up Trend,
• (Intermediate-Term) 55 Day: 94.86 Up Trend,
• (Long-Term) 100 Day: 80.83 Up Trend,
• (Long-Term) 200 Day: 78.04 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a strong weekly upside expansion with a fast momentum push to a fresh swing high at 154.08, well above all benchmark moving averages and the prior pivot support stack. The swing structure remains firmly in UTrend on both the pivot and HiLo metrics, while the latest move has produced a sharp vertical advance off the 2026 base near the low 60s and 90s area, showing a powerful breakout and continuation phase rather than a rotational chop. The yearly fib framework still sits as a broad neutral reference box, but price has pushed decisively above the upper NTZ zone, reflecting strong trend extension. The benchmark profile is fully aligned bullish across short, intermediate, and long horizons, with the 20, 55, 100, and 200 week-style references all rising beneath price and confirming major-trend strength.