USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-19 07:11 CT

Price Action

• Last: 130.98,
• Bars: Medium,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt high 131.17,
• 4. Pvt. Next: Pvt low 126.07,
• 5. Levels R: 154.08, 142.33, 132.25,
• 6. Levels S: 131.38, 107.49, 102.42, 98.47, 93.11.

Daily Benchmarks

• (Short-Term) 5 Day: 127.37 Up Trend,
• (Short-Term) 10 Day: 123.03 Up Trend,
• (Intermediate-Term) 20 Day: 126.02 Up Trend,
• (Intermediate-Term) 55 Day: 123.02 Up Trend,
• (Long-Term) 100 Day: 127.35 Up Trend,
• (Long-Term) 200 Day: 103.11 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has staged a sharp recovery from the early-August 113.66 swing low, producing higher lows and reclaiming every benchmark moving average. The current pivot structure is aligned in UTrend on both short-term and intermediate-term measures, while price is pressing the 132.25 pivot-resistance area after moving decisively above the August monthly NTZ. From a futures swing-trader perspective, the market is exhibiting a momentum-led advance with medium-sized daily bars and fast momentum, although the 131.17 to 132.25 area represents nearby structural congestion. The broader moving-average alignment remains constructive, with the next overhead pivot references at 142.33 and 154.08, while 126.07 and the 123 to 127 benchmark cluster define the nearest retracement structure.