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

Price Action

• Last: 113.31,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 113.31,
• 4. Pvt. Next: Pvt High 148.73,
• 5. Levels R: 154.08,
• 6. Levels S: 113.31, 110.35, 106.45, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 135.34 Down Trend,
• (Short-Term) 10 Day: 132.63 Down Trend,
• (Intermediate-Term) 20 Day: 116.70 Up Trend,
• (Intermediate-Term) 55 Day: 94.27 Up Trend,
• (Long-Term) 100 Day: 81.79 Up Trend,
• (Long-Term) 200 Day: 76.80 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a sharp weekly swing reversal after a vertical impulse higher, followed by an equally fast retreat back into the 2026 session NTZ area. The current pivot structure has turned down short-term with the next pivot still defined as a higher swing high near 148.73, while the nearby support stack is concentrated around 113.31, 110.35, and 106.45. Short-term momentum is stretched and the weekly bars are large, showing a high-volatility expansion phase rather than a smooth trend. The short benchmarks are below price and pointing down, but the 20-day and longer benchmarks remain in up-trend alignment, keeping the broader trend structure constructive despite the recent weekly pullback.