USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-11 07:09 CT

Price Action

• Last: 134.00,
• 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: 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 expansion phase with a large, fast candle structure that has pushed price far above the rising 20, 55, 100, and 200 week benchmarks. The short-term pivot trend remains UTrend and the market has already registered a fresh pivot high at 154.08, while the next opposite pivot is marked at 121.89, showing a wide and volatile swing range. The 5 and 10 day benchmarks are still lagging price and remain in down trend, reflecting a sharp momentum surge rather than a balanced trend move. The monthly and yearly fib grids are still labeled neutral in the chart summaries, but the dominant price behavior is clearly trend continuation and breakout acceleration after a prolonged base and chop phase. From a futures swing trader’s view, the tape is behaving like a vertical trend leg with strong upside momentum, higher highs, and a steep separation from longer benchmarks.