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

Price Action

• Last: 124.78,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Jul

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 142.33,
• 4. Pvt. Next: Pvt low 117.13,
• 5. Levels R: 154.08, 142.33,
• 6. Levels S: 102.42, 94.23, 65.99, 61.75, 60.67.

Weekly Benchmarks

• (Short-Term) 5 Day: 115.76 Up Trend,
• (Short-Term) 10 Day: 122.21 Up Trend,
• (Intermediate-Term) 20 Day: 126.73 Up Trend,
• (Intermediate-Term) 55 Day: 100.97 Up Trend,
• (Long-Term) 100 Day: 84.17 Up Trend,
• (Long-Term) 200 Day: 77.83 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a high-volatility upside expansion from the 2026 base near the yearly F0% region. Futures-style swing structure is constructive across the benchmark stack, with price materially above the rising 55, 100, and 200 period averages. The short-term pivot trend is positive, although the 142.33 pivot high is the immediate overhead reference and the 117.13 pivot-reversal level defines the current pullback threshold. Price is above the annual NTZ and has transitioned from consolidation into a fast, wide-range directional phase; 142.33 and 154.08 are the principal resistance references, while 102.42 and 94.23 are the nearest larger swing supports.