USO United States Oil Fund LP Daily Chart Analysis: 2026-Jul-28 07:10 CT

Price Action

• Last: 124.58,
• 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 Above NTZ,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 124.58,
• 4. Pvt. Next: Pvt high 131.64,
• 5. Levels R: 154.08, 142.33,
• 6. Levels S: 124.58, 107.49, 102.42, 98.47, 89.11, 75.99.

Daily Benchmarks

• (Short-Term) 5 Day: 132.44 Up Trend,
• (Short-Term) 10 Day: 126.48 Up Trend,
• (Intermediate-Term) 20 Day: 116.77 Up Trend,
• (Intermediate-Term) 55 Day: 122.13 Up Trend,
• (Long-Term) 100 Day: 125.14 Up Trend,
• (Long-Term) 200 Day: 98.85 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO completed a sharp downswing from the 142.33 pivot resistance area into the active 124.58 pivot-low area, producing fast downside momentum and a short-term DTrend. Price is below the 5-day, 10-day, and marginally below the 100-day benchmark, reflecting a near-term countertrend pullback within a still constructive intermediate and long-term benchmark structure. The 124.58 level is the immediate pivot reference; 131.64 is the next pivot-high reversal threshold, while 107.49 and 102.42 define deeper support beneath the July monthly grid. The intermediate HiLo UTrend remains intact because the larger swing structure and rising 20-day, 55-day, 100-day, and 200-day benchmarks remain positive.