USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jun-15 07:08 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is in a powerful weekly impulse phase with a large expansion bar sequence that has driven price into the 150s after a prolonged multi-year basing and stair-step recovery. The pivot structure shows a confirmed short-term UTrend with a fresh pivot high at 154.08, while the intermediate HiLo trend remains neutral after the sharp vertical move, reflecting a transition from consolidation into breakout behavior. The benchmark stack is strongly aligned in bullish order, with all tracked moving averages rising underneath price and the 20/55/100/200-day lines all trending higher, which reinforces the broader uptrend backdrop. The yearly session fib structure shows price pressing far above the midrange NTZ area and extending into a breakout zone, indicating a momentum-led trend continuation rather than a mean-reversion environment.


Chart Analysis ATS AI Generated: 2026-06-15 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.