USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-09 07:07 CT

Price Action

Last: 133.67,
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: Neutral,
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: 136.97 Down Trend,
(Short-Term) 10 Day: 133.88 Down Trend,
(Intermediate-Term) 20 Day: 114.13 Up Trend,
(Intermediate-Term) 55 Day: 98.23 Up Trend,
(Long-Term) 100 Day: 81.34 Up Trend,
(Long-Term) 200 Day: 76.34 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful weekly trend expansion with a very large fast-momentum advance that has lifted price far above the 20, 55, 100, and 200 week benchmarks. The swing structure shows a strong short-term uptrend with the latest pivot sequence pushing into new highs near 154.08, while the next downside pivot reference sits at 121.89. Weekly and monthly session fib structure remain neutral in the current reading, but price behavior is clearly operating above the prior long consolidation zone and above the 2026 yearly NTZ area. The benchmark stack is constructive on the intermediate and long-term scales, with the shorter 5 and 10 day averages lagging under the current surge, reflecting an extended breakout rather than a balanced trend. From a futures swing trader point of view, the chart is dominated by a vertical impulse phase after a long range-to-breakout transition, with strong bullish trend alignment across the broader timeframes and only the short-term averages showing pullback-style lag beneath price.