USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-11 07:07 CT

Price Action

• Last: 128.18,
• Bars: Medium,
• Mom: slow.

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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 128.18,
• 4. Pvt. Next: Pvt High 138.88,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 128.18, 126.55, 110.35, 108.45, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 135.41 Down Trend,
• (Short-Term) 10 Day: 134.07 Down Trend,
• (Intermediate-Term) 20 Day: 139.28 Down Trend,
• (Intermediate-Term) 55 Day: 129.84 Up Trend,
• (Long-Term) 100 Day: 122.84 Up Trend,
• (Long-Term) 200 Day: 92.23 Up Trend.

Additional Metrics

• ATR: 7.92,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is showing a short-term downside pivot sequence with the current pivot trend in DTrend and price holding below the 5, 10, and 20 day benchmarks, while also sitting under the upper resistance band near 138.88. The swing structure has shifted from the recent rally peak into a pullback phase, with the last confirmed pivot now marked as a lower low at 128.18 and the next upside pivot only defined above 138.88. Intermediate-term behavior remains mixed but tilted weaker because price is below the 20 day and below the active swing resistance cluster, even though the 55 day and longer moving averages still reflect an uptrend regime. Long-term structure remains constructive since price is well above the 100 day and 200 day benchmarks, preserving the broader bullish backdrop despite the current corrective daily cycle. From a futures swing trader perspective, the chart is in a retracement and consolidation phase after an extended advance, with lower highs and a softening momentum profile dominating the near-term tape.