USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-14 07:12 CT

Price Action

• Last: 127.85,
• Bars: Small,
• Mom: Average.

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: Bullish.

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 121.53,
• 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: 123.54 Up Trend,
• (Short-Term) 10 Day: 122.71 Up Trend,
• (Intermediate-Term) 20 Day: 125.98 Up Trend,
• (Intermediate-Term) 55 Day: 122.52 Up Trend,
• (Long-Term) 100 Day: 127.72 Up Trend,
• (Long-Term) 200 Day: 102.29 Up Trend.

Additional Metrics

• ATR: 5.00,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has staged a sharp V-shaped recovery from the July 102.42 pivot-support region, reclaiming the rising 5, 10, 20, and 55-day benchmarks. Price is consolidating near 127.85 and the 100-day average at 127.72 after a strong rebound, while 130.98 is the next prominent swing resistance. The short-term pivot structure is positive, although the intermediate HiLo structure remains DTrend following the prior sequence of lower highs. The August monthly grid sits beneath price near the 120 to 122 area, reinforcing the rebound’s intermediate-term technical improvement. For a futures swing-trader lens, the chart reflects an upward recovery phase with compressed recent bars and average momentum following a high-volatility July-to-August reversal.