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

Price Action

• Last: 125.02,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

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 Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 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: 95.55 Up Trend,
• (Long-Term) 100 Day: 85.21 Up Trend,
• (Long-Term) 200 Day: 78.41 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a broad futures-style expansion phase above the rising 55, 100, and 200-week benchmarks and well above the 2026 yearly NTZ. The short-term structure is corrective after rejection from 142.33, with a DTrend pivot condition and large, fast weekly swings. The 113.86 pivot low defines the active retracement structure; the 137.38 pivot-next level and 142.33 resistance frame the recovery leg, while 102.42 is the next major lower support. The intermediate and long-term backdrop remains constructive through rising higher-time-frame averages, despite elevated volatility and sharp countertrend rotations.