USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-12 07:08 CT

Price Action

• Last: 154.08,
• 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 Up Trend,
• (Short-Term) 10 Day: 133.88 Up 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 breakout structure with price pressing to fresh highs near 154.08, far above every benchmark moving average and well beyond the prior year session balance area. The swing pivot state remains in UTrend with the latest pivot high established, while the next pivot objective is defined by the prior pivot low at 121.89. The broader weekly structure shows a strong trend expansion from a long consolidation base through the 2023-2026 range, followed by a sharp upside impulse that has separated price from the mean. The benchmark stack is fully aligned higher across all tracked averages, reinforcing a dominant trend regime. The chart reads as strong momentum continuation after a multi-year base-to-breakout sequence, with the current weekly action sitting in a stretched advance relative to the prior fib grid and pivot support zones.