USO United States Oil Fund LP Daily Chart Analysis: 2026-Jun-30 07:08 CT

Price Action

• Last: 104.07,
• Bars: Medium,
• 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 104.07,
• 4. Pvt. Next: Pvt High 111.53,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 104.07, 98.47, 89.11, 78.03, 75.18.

Daily Benchmarks

• (Short-Term) 5 Day: 109.01 Down Trend,
• (Short-Term) 10 Day: 113.62 Down Trend,
• (Intermediate-Term) 20 Day: 123.92 Down Trend,
• (Intermediate-Term) 55 Day: 124.80 Down Trend,
• (Long-Term) 100 Day: 117.89 Down Trend,
• (Long-Term) 200 Day: 94.76 Up Trend.

Additional Metrics

• ATR: 7.88,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a bearish swing sequence with price pressed below the 5, 10, 20, 55, and 100 day benchmarks, while still holding above the 200 day benchmark, which keeps the long-term backdrop mixed rather than fully negative. The swing pivot structure shows a DTrend with the current evolve at a pivot low near 104.07 and the next reference pivot at 111.53, reflecting a lower-high, lower-low cycle after the recent June rollover from the 141.42 area. Momentum is slow and the bar structure is medium-sized, consistent with a corrective decline that has transitioned from the prior rally phase into a broader retracement and trend compression near the lower support band. The chart also shows a prior expansion phase, then a sequence of pivot tests and rejections, with June acting as a selloff leg back toward the lower swing support cluster.