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

Price Action

• Last: 107.00,
• 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 104.07,
• 4. Pvt. Next: Pvt High 138.01,
• 5. Levels R: 154.08,
• 6. Levels S: 104.07, 94.23, 65.99, 61.75, 60.67.

Weekly Benchmarks

• (Short-Term) 5 Day: 121.58 Down Trend,
• (Short-Term) 10 Day: 130.58 Down Trend,
• (Intermediate-Term) 20 Day: 119.90 Down Trend,
• (Intermediate-Term) 55 Day: 98.17 Up Trend,
• (Long-Term) 100 Day: 82.46 Up Trend,
• (Long-Term) 200 Day: 78.95 Up Trend.

Overall Rating

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

Key Insights Summary

USO is coming off a sharp vertical weekly advance into the 154.08 pivot resistance, followed by a fast retracement back toward the 104.07 swing-low support area. The short-term pivot structure is in DTrend and the faster benchmarks are rolling lower, showing a corrective pullback after an extended rally. Intermediate-term structure is mixed to neutral because price has slipped below the 20-day benchmark while still holding well above the rising 55-day, 100-day, and 200-day averages. Long-term trend remains constructive, with the major moving averages stacked lower on the chart but still rising and price trading above the long-term trend zone after a strong yearly expansion. The recent action reflects a sharp impulse leg, rejection near the highs, and a countertrend retracement that is testing prior breakout territory.