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

Price Action

• Last: 103.47,
• Bars: Large,
• 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 102.42,
• 4. Pvt. Next: Pvt High 108.34,
• 5. Levels R: 154.08, 141.42,
• 6. Levels S: 102.42, 98.47, 89.11, 78.03, 75.18.

Daily Benchmarks

• (Short-Term) 5 Day: 105.25 Down Trend,
• (Short-Term) 10 Day: 108.07 Down Trend,
• (Intermediate-Term) 20 Day: 117.82 Down Trend,
• (Intermediate-Term) 55 Day: 122.14 Down Trend,
• (Long-Term) 100 Day: 101.01 Down Trend,
• (Long-Term) 200 Day: 95.38 Up Trend.

Additional Metrics

• ATR: 7.92,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a clear daily selloff structure with a sequence of lower highs and lower lows, and the latest swing has driven price down into the low-100s after failing near the 141-154 resistance band. Short-term momentum is still negative, with price below the 5, 10, 20, and 55 day benchmarks, while the pivot model remains in DTrend and the next upside pivot is still above current price. Intermediate-term structure also stays bearish as the monthly session fib grid is not showing a constructive bullish bias and price remains beneath the declining medium-term averages. Long-term structure is less weak than the short and intermediate views because price is still above the 200-day benchmark, but the daily chart is compressing under falling trend levels, leaving the broader tape neutral rather than strongly bullish.