USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-18 07:07 CT

Price Action

• Last: 114.00,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 113.31,
• 4. Pvt. Next: Pvt High 121.21,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 113.31, 110.35, 106.45, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 125.05 Down Trend,
• (Short-Term) 10 Day: 130.23 Down Trend,
• (Intermediate-Term) 20 Day: 134.18 Down Trend,
• (Intermediate-Term) 55 Day: 128.99 Down Trend,
• (Long-Term) 100 Day: 114.54 Up Trend,
• (Long-Term) 200 Day: 93.48 Up Trend.

Additional Metrics

• ATR: 7.94,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a sharp daily pullback from the prior May high area, with a large bearish swing resolving into a lower-low sequence and a fresh pivot-low confirmation near 113.31. Short-term structure remains DTrend and the price is pressing below the 5, 10, 20, and 55 day benchmarks, which keeps the tape in a corrective-to-distributive posture. The intermediate picture is also soft, with the monthly session grid sitting above price and the recent action showing rejection from the upper fib/NTZ area and a slide back toward support. Long-term structure is still mixed rather than fully broken because price remains above the 100-day and 200-day benchmarks, but the loss of the faster averages and the failed test near the prior resistance zone leaves momentum aligned to the downside. The chart shows a clear sequence of impulse legs, retracements, and failed retests, with overhead resistance clustered near the 121-141 region and nearby support concentrated around 113-106.