USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-22 07:08 CT

Price Action

• Last: 110.48,
• 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 110.48,
• 4. Pvt. Next: Pvt high 118.52,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 110.48, 110.35, 106.45, 98.47, 89.11, 77.

Daily Benchmarks

• (Short-Term) 5 Day: 121.03 Down Trend,
• (Short-Term) 10 Day: 127.57 Down Trend,
• (Intermediate-Term) 20 Day: 132.25 Down Trend,
• (Intermediate-Term) 55 Day: 128.48 Down Trend,
• (Long-Term) 100 Day: 105.53 Up Trend,
• (Long-Term) 200 Day: 93.68 Up Trend.

Additional Metrics

• ATR: 138,
• 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 June swing high near 154.08, with price now pressing into the lower swing-pivot structure around 110.48 after a fast downside leg. Short-term momentum is still aligned with a DTrend pivot sequence, and the price remains under the 5, 10, 20, and 55-day benchmarks, which keeps the near-term structure soft and trend-resistive. Intermediate-term conditions are also bearish, with the current retracement still trading below the dominant mid-term moving averages and beneath the June MSFG reference zone. Longer term, the 100-day and 200-day benchmarks remain in an up-sloping backdrop, so the larger framework is less damaged than the short-term tape, but the recent selloff has shifted the daily structure into a corrective phase with lower highs and lower lows dominating the most recent swing sequence.