USO United States Oil Fund LP Daily Chart Analysis: 2026-Jul-01 07:07 CT

Price Action

• Last: 106.00,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jul

• 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 111.23,
• 5. Levels R: 154.08, 141.42, 135.00,
• 6. Levels S: 104.07, 98.47, 89.11, 78.03, 75.18.

Daily Benchmarks

• (Short-Term) 5 Day: 107.88 Down Trend,
• (Short-Term) 10 Day: 111.79 Down Trend,
• (Intermediate-Term) 20 Day: 122.81 Down Trend,
• (Intermediate-Term) 55 Day: 124.17 Down Trend,
• (Long-Term) 100 Day: 118.00 Down Trend,
• (Long-Term) 200 Day: 94.92 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a pronounced post-peak downswing after the late-spring advance stalled near the 154 area and rolled over into a sequence of lower highs and lower lows. The short-term pivot structure is firmly DTrend, with the latest pivot low established near 104.07 and the next opposing pivot marked up near 111.23, highlighting a bearish swing regime. Price is trading below the 5, 10, 20, 55, and 100-day benchmarks, which keeps the daily trend aligned to the downside, while the 200-day remains below price and preserves a longer-cycle support reference. The monthly fib grid is neutral-to-sideways in structure, but price action is sitting beneath the prior June NTZ area, reflecting retracement and trend decay rather than expansion. Volume has contracted from the earlier rally phase, and the current tape looks more like a corrective unwind than a fresh impulse, with the dominant theme being rejection from overhead resistance and a pullback toward lower support layers.