USO United States Oil Fund LP Weekly Chart Analysis: 2026-Aug-13 07:11 CT

Price Action

• Last: 113.86,
• 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 Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt low 113.86,
• 4. Pvt. Next: Pvt high 137.38,
• 5. Levels R: 154.08, 142.33,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75, 60.67.

Weekly Benchmarks

• (Short-Term) 5 Day: 123.30 Down Trend,
• (Short-Term) 10 Day: 119.93 Down Trend,
• (Intermediate-Term) 20 Day: 126.48 Down Trend,
• (Intermediate-Term) 55 Day: 102.55 Up Trend,
• (Long-Term) 100 Day: 85.21 Up Trend,
• (Long-Term) 200 Day: 78.47 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a high-volatility corrective swing after rejection from the 154.08 peak and a subsequent lower high at 142.33. The active weekly pivot is a DTrend with price at the 113.86 pivot-low level, while fast downside momentum has pushed price beneath the 5-, 10-, and 20-week benchmarks. From a futures swing-trader perspective, the short-term structure is a sharp countertrend liquidation within a still-positive longer-cycle backdrop: price remains above the rising 55-, 100-, and 200-week averages and well above the 2026 yearly NTZ. The 102.42 level is the major intermediate support beneath the current pivot low; 137.38 is the reversal threshold for a new pivot high, followed by 142.33 resistance.