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

Price Action

• Last: 141.42,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt High 141.42,
• 4. Pvt. Next: Pvt Low 131.42,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 128.55, 110.35, 106.45, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 135.89 Up Trend,
• (Short-Term) 10 Day: 136.17 Up Trend,
• (Intermediate-Term) 20 Day: 139.85 Down Trend,
• (Intermediate-Term) 55 Day: 129.46 Up Trend,
• (Long-Term) 100 Day: 112.02 Up Trend,
• (Long-Term) 200 Day: 91.33 Up Trend.

Additional Metrics

• ATR: 7.93,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is trading in a strong higher-high, higher-low structure with price pressing near the upper end of the recent swing range after a sharp rally and retracement sequence. The short-term pivot trend remains UTrend, with the current pivot high established at 141.42 and the next downside pivot reference at 131.42, while the broader HiLo pivot trend is still DTrend from the latest swing-cycle rotation. Price is holding above the 5-day and 10-day benchmarks and remains well above the 55-day, 100-day, and 200-day averages, which keeps the broader trend construct constructive despite the 20-day still lagging below price. The monthly and yearly session fib grids remain centered in a neutral zone, but the active price location near the upper band reflects a mature advance with fast momentum and expanded daily range behavior. Overall, the tape favors bullish trend continuation on the daily structure, with intermediate trend alignment still mixed from the most recent pivot cycle and long-term trend leadership clearly positive.