USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-11 07:10 CT

Price Action

• Last: 126.28,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Aug

• 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: DTrend,
• 3. Pvt. Evolve: Pvt high 126.28,
• 4. Pvt. Next: Pvt low 119.58,
• 5. Levels R: 154.08, 142.33, 130.98, 126.28,
• 6. Levels S: 113.86, 107.49, 102.42, 98.47, 89.11, 79.11.

Daily Benchmarks

• (Short-Term) 5 Day: 117.93 Up Trend,
• (Short-Term) 10 Day: 122.08 Down Trend,
• (Intermediate-Term) 20 Day: 124.28 Down Trend,
• (Intermediate-Term) 55 Day: 122.01 Down Trend,
• (Long-Term) 100 Day: 126.77 Down Trend,
• (Long-Term) 200 Day: 101.45 Up Trend.

Additional Metrics

• ATR: 5.00,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

From a futures swing-trader perspective, USO is showing a sharp short-term recovery from the 113.86 pivot low, with fast upside momentum restoring price above the 5-, 10-, 20-, and 55-day benchmark area. The active short-term pivot trend is up, but the intermediate pivot structure remains down and the 20-, 55-, and 100-day averages retain declining trends. Price is testing the 126.28 pivot-high area and sits just beneath the declining 100-day average at 126.77, defining a nearby technical congestion zone. The August monthly grid has been reclaimed to the upside, while 130.98 and 142.33 remain the next higher pivot-resistance references. The broader structure remains mixed: the rebound is strong, but it follows a substantial July selloff and remains within a longer-term consolidation above the rising 200-day benchmark.