USO United States Oil Fund LP Daily Chart Analysis: 2026-Jul-31 07:10 CT

Price Action

• Last: 128.00,
• Bars: Medium,
• Mom: Average.

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: UTrend.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 130.30,
• 4. Pvt. Next: Pvt low 123.32,
• 5. Levels R: 154.08, 142.33, 130.30,
• 6. Levels S: 118.48, 107.49, 102.42, 98.47, 87.11.

Daily Benchmarks

• (Short-Term) 5 Day: 130.15 Down Trend,
• (Short-Term) 10 Day: 128.00 Up Trend,
• (Intermediate-Term) 20 Day: 119.49 Up Trend,
• (Intermediate-Term) 55 Day: 122.41 Down Trend,
• (Long-Term) 100 Day: 126.01 Up Trend,
• (Long-Term) 200 Day: 90.62 Up Trend.

Additional Metrics

• ATR: 8.19,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is holding a broader recovery structure following the July rebound from the 102.42 swing-support area. The pivot structure remains upward on both short- and intermediate-term readings, while price is above the rising 20-day, 100-day, and 200-day benchmarks. Near-term action is consolidating beneath 130.30 resistance and the declining 5-day average, defining a short-term pause after the sharp recovery from 118.48. The 123.32 pivot-low reversal level is the nearby structural reference, with 118.48 the next major support. A sustained move through 130.30 would transition the current consolidation into a test of 142.33 resistance; rejection beneath that level maintains a choppy retracement phase within the larger bullish trend.