USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-05 07:08 CT

Price Action

Last: 141.42,
Bars: Medium,
Mom: average.

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: DTrend,
3. Pvt. Evolve: Pvt High 141.42,
4. Pvt. Next: Pvt Low 130.92,
5. Levels R: 154.08, 141.42,
6. Levels S: 130.92, 128.55, 110.35, 106.45, 98.47, 89.11.

Daily Benchmarks

(Short-Term) 5 Day: 134.70 Up Trend,
(Short-Term) 10 Day: 136.93 Up Trend,
(Intermediate-Term) 20 Day: 139.51 Up Trend,
(Intermediate-Term) 55 Day: 129.19 Up Trend,
(Long-Term) 100 Day: 100.38 Up Trend,
(Long-Term) 200 Day: 91.01 Up Trend.

Additional Metrics

ATR: 138,
VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO remains in a broad bullish higher-timeframe structure with price still holding well above the 55, 100, and 200 day benchmarks, while the swing pivot sequence continues to reflect a mature uptrend. The most recent action shows a pullback from the 154.08 resistance region and a test back into the 141 area, where price is now reacting around a prior pivot high and the upper portion of the monthly NTZ. The short-term tone is mixed because the latest leg has formed a lower high versus the prior peak, but the intermediate and long-term structure stays constructive with layered moving average support underneath and a staircase of higher swing lows from the spring advance. Momentum is moderate rather than impulsive, and the chart is transitioning from an extension phase into a consolidation/retracement phase with the 130.92 pivot low standing out as the next major downside reference in the current swing map.