USO United States Oil Fund LP Weekly Chart Analysis: 2026-Jul-16 07:09 CT

Price Action

• Last: 102.42,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Jul

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bullish,
• MSFG Trend: Bullish.

YSFG Year 2026

• Long-Term
• YSFG Current: 410%
• F0%/NTZ' Bias: Price Bullish,
• YSFG Trend: Bullish.

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 130.46,
• 5. Levels R: 154.08,
• 6. Levels S: 94.23, 65.99, 61.75, 60.67.

Weekly Benchmarks

• (Short-Term) 5 Day: 111.69 Down Trend,
• (Short-Term) 10 Day: 124.33 Down Trend,
• (Intermediate-Term) 20 Day: 122.44 Down Trend,
• (Intermediate-Term) 55 Day: 95.89 Up Trend,
• (Long-Term) 100 Day: 83.09 Up Trend,
• (Long-Term) 200 Day: 77.31 Up Trend.

Overall Rating

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

Key Insights Summary

USO shows a high-volatility futures-style swing structure following a parabolic advance toward 154.08 and a rapid reversal to 102.42. Short-term price action is corrective, with a DTrend pivot structure and price below the declining 5-, 10-, and 20-week benchmarks. The 94.23 swing-support area and rising 55-week benchmark near 95.89 define the nearest intermediate swing reference. Despite the sharp retracement, price remains materially above the rising 100- and 200-week benchmarks and above the 2026 yearly NTZ, preserving a constructive long-term trend while intermediate action consolidates after an exceptionally extended rally.