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

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO has transitioned from a powerful upside impulse into a sharp weekly reversal, with the latest bar posting a large downside swing back to the 105.65 pivot low area. Short-term structure is bearish as the pivot trend and fast-moving benchmarks have rolled over, while the intermediate view is mixed because price is still above the rising 55-day, 100-day, and 200-day benchmarks that define the broader uptrend. The weekly fib grid and pivot map show the market leaving the upper expansion zone and reverting toward lower support layers, with 105.65 acting as the key swing point and 94.23, 65.99, 61.75, and 60.67 marking deeper historical support references. From a futures swing trader perspective, the chart is in a corrective phase after a strong trend extension, with elevated volatility and a transition from trend acceleration to retracement and rebalancing.


Chart Analysis ATS AI Generated: 2026-06-26 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.