USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-24 07:08 CT

Price Action

• Last: 110.00,
• Bars: Small,
• Mom: slow.

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 110.06,
• 4. Pvt. Next: Pvt High 118.28,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 110.06, 108.45, 98.47, 89.11, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 115.89 Down Trend,
• (Short-Term) 10 Day: 123.35 Down Trend,
• (Intermediate-Term) 20 Day: 129.28 Down Trend,
• (Intermediate-Term) 55 Day: 127.43 Down Trend,
• (Long-Term) 100 Day: 106.68 Down Trend,
• (Long-Term) 200 Day: 94.06 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 clear daily downtrend after rolling off the recent June swing high near 141.42 and then accelerating lower toward the 110 area. Price is trading below the 5, 10, 20, 55, and 100 day benchmarks, which keeps the short- and intermediate-term structure aligned to the downside. The pivot map shows a lower-low sequence with the current pivot trend and HiLo trend both bearish, while the next opposite pivot remains a high at 118.28. The 200 day benchmark is still rising, so the long-term structure is not fully broken, but the dominant swing profile is pressure-heavy, with failed rallies, lower highs, and a retracement path back into the lower support stack.