USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-12 07:11 CT

Price Action

• Last: 127.85,
• Bars: Large,
• 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 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 127.85,
• 4. Pvt. Next: Pvt low 121.31,
• 5. Levels R: 154.08, 142.33, 130.98, 127.85,
• 6. Levels S: 113.86, 107.49, 102.42, 98.47, 89.11, 79.11.

Daily Benchmarks

• (Short-Term) 5 Day: 118.69 Up Trend,
• (Short-Term) 10 Day: 122.20 Up Trend,
• (Intermediate-Term) 20 Day: 124.49 Up Trend,
• (Intermediate-Term) 55 Day: 122.15 Up Trend,
• (Long-Term) 100 Day: 126.84 Down Trend,
• (Long-Term) 200 Day: 101.74 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has completed a sharp V-style recovery from the July 102.42 swing low and has reclaimed the 5-, 10-, 20-, and 55-day benchmarks. The short-term pivot structure is in an UTrend, although the intermediate HiLo structure remains in a DTrend following the prior sequence of lower highs. Price is pressing the 127.85 pivot area and the declining 100-day average at 126.84, making 130.98 the next notable overhead pivot resistance. The August MSFG has been reclaimed above its NTZ, while 121.31 is the key new-pivot reversal level and the nearby 20- and 55-day averages cluster around 124.49 to 122.15. Long-term structure remains constructive above the rising 200-day average, but the current advance is high momentum and volatility remains elevated relative to the recent consolidation.