USO United States Oil Fund LP Daily Chart Analysis: 2026-Jul-21 07:08 CT

Price Action

• Last: 125.67,
• 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 Bullish,
• MSFG Trend: Bullish.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 126.57,
• 4. Pvt. Next: Pvt low 119.83,
• 5. Levels R: 154.08, 141.42, 128.57,
• 6. Levels S: 107.49, 102.42, 98.47, 89.11, 78.03.

Daily Benchmarks

• (Short-Term) 5 Day: 120.52 Up Trend,
• (Short-Term) 10 Day: 114.58 Up Trend,
• (Intermediate-Term) 20 Day: 111.32 Up Trend,
• (Intermediate-Term) 55 Day: 120.02 Down Trend,
• (Long-Term) 100 Day: 122.61 Up Trend,
• (Long-Term) 200 Day: 97.36 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has transitioned from the June-to-early-July decline into a sharp V-style recovery, with higher lows and a renewed short-term pivot UTrend. Price is above the rising 5-, 10-, and 20-day benchmarks and has recovered above the 55- and 100-day averages, while the 200-day average remains materially lower and rising. The immediate swing structure is approaching the 128.57 resistance level after a fast momentum advance; 119.83 is the active pivot-reversal reference. The July MSFG is well below current price, reflecting a strong upside displacement from the monthly NTZ, while volume participation remains comparatively subdued versus earlier spring activity.