USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-18 07:10 CT

Price Action

• Last: 130.11,
• Bars: Small,
• Mom: Average.

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 Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 130.57,
• 4. Pvt. Next: Pvt low 124.35,
• 5. Levels R: 154.08, 142.33, 130.98, 130.57,
• 6. Levels S: 113.86, 107.49, 102.42, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 126.49 Up Trend,
• (Short-Term) 10 Day: 122.21 Up Trend,
• (Intermediate-Term) 20 Day: 125.78 Up Trend,
• (Intermediate-Term) 55 Day: 122.75 Up Trend,
• (Long-Term) 100 Day: 127.19 Down Trend,
• (Long-Term) 200 Day: 102.82 Up Trend.

Additional Metrics

• ATR: 3.90,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has staged a sharp V-recovery from the 113.86 swing low and has rebuilt a short-term UTrend, with price above the 5, 10, 20, and 55-day benchmarks and above the August MSFG NTZ. The current advance is pressing the 130.57 to 130.98 pivot-resistance band on relatively small bars, indicating consolidation after a fast rebound rather than a broad-range breakout. The intermediate structure is constructive, although the 100-day average remains in a down trend and creates a mixed long-term backdrop. The futures-oriented swing structure is defined by 124.35 as the next pivot-reversal reference, 130.98 as the immediate overhead pivot level, and 142.33 as the next higher resistance zone; the broader recovery remains supported by the 113.86 pivot low.