USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-26 07:08 CT

Price Action

• Last: 109.00,
• 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 105.65,
• 4. Pvt. Next: Pvt High 113.73,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 105.65, 98.47, 89.11, 78.03, 75.18.

Daily Benchmarks

• (Short-Term) 5 Day: 111.87 Down Trend,
• (Short-Term) 10 Day: 118.46 Down Trend,
• (Intermediate-Term) 20 Day: 120.27 Down Trend,
• (Intermediate-Term) 55 Day: 126.12 Down Trend,
• (Long-Term) 100 Day: 117.30 Down Trend,
• (Long-Term) 200 Day: 94.42 Up Trend.

Additional Metrics

• ATR: 7.98,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a sharp daily pullback from the late-May/early-June highs, with price pressing below the short- and intermediate-term benchmark averages and the swing pivot structure still pointing DTrend. The latest swing sequence shows lower highs and lower lows, with the next pivot reference set to a higher reversal level near 113.73 while support is anchored at 105.65, then 98.47 and 89.11. The moving averages are stacked bearishly in the near term, but the 200-day average remains in an uptrend and sits well below price, keeping the broader year-long structure constructive. Overall, the tape is in a corrective phase after a strong rally, with momentum elevated on the downside and the chart transitioning from breakout/chop at higher levels into a deeper retracement toward prior support zones.