USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-10 07:09 CT

Price Action

• Last: 130.00,
• 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: 96.23 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 shows a powerful weekly expansion phase after a long multi-year basing structure, with the 2026 advance lifting price well above the 20, 55, 100, and 200 week benchmarks. The swing pivot structure remains in UTrend, and the latest impulse has pushed price into a stretched area near the upper end of the current swing range, with the next major resistance pivot at 154.08. Intermediate and long-term structure remain constructive because the major moving averages are rising and aligned underneath price, while the broader pivot support ladder is anchored by 110.35, 106.45, 94.23, 65.99, and 61.75. The chart reflects a strong trend continuation regime rather than a congested range, with the recent vertical breakout dominating the weekly picture and keeping the longer-cycle bias firmly positive.