USO United States Oil Fund LP Daily Chart Analysis: 2026-Jul-29 07:09 CT

Price Action

• Last: 118.48,
• 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 118.48,
• 4. Pvt. Next: Pvt high 125.54,
• 5. Levels R: 154.08, 142.33,
• 6. Levels S: 118.48, 107.49, 102.42, 98.47, 89.11.

Daily Benchmarks

• (Short-Term) 5 Day: 132.29 Down Trend,
• (Short-Term) 10 Day: 127.18 Down Trend,
• (Intermediate-Term) 20 Day: 117.68 Up Trend,
• (Intermediate-Term) 55 Day: 122.22 Up Trend,
• (Long-Term) 100 Day: 125.49 Down Trend,
• (Long-Term) 200 Day: 99.11 Up Trend.

Additional Metrics

• ATR: 5.00,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is undergoing a fast short-term countertrend selloff from the 142.33 pivot-high area, with price breaking below the declining 5-day and 10-day benchmarks and the pivot model shifting to DTrend. The 118.48 pivot low is the immediate structural reference, while 125.54 is the next pivot-reversal threshold. Intermediate structure remains constructive through the UTrend HiLo sequence and price holding near the rising 20-day average, although price remains below the 55-day and 100-day benchmarks. The July monthly grid is materially beneath current price near the 103-105 area, leaving the broader advance intact despite elevated daily-range volatility and a sharp retracement.