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

Price Action

• Last: 130.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

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

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: UTrend,
• 3. Pvt. Evolve: Pvt low 113.86,
• 4. Pvt. Next: Pvt high 136.48,
• 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: 126.88 Down Trend,
• (Short-Term) 10 Day: 110.29 Up Trend,
• (Intermediate-Term) 20 Day: 126.90 Up Trend,
• (Intermediate-Term) 55 Day: 103.41 Up Trend,
• (Long-Term) 100 Day: 85.78 Up Trend,
• (Long-Term) 200 Day: 78.71 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful higher-timeframe expansion above its yearly NTZ and all rising intermediate-to-long-term benchmarks. The near-term structure is corrective and highly volatile: price rejected from 142.33 and 154.08, established a 113.86 pivot low, and the short-term pivot trend remains down. The 126.88 to 130.00 area is a pivotal short-term balance zone, while 136.48 is the reversal threshold for a new pivot high; the broader trend retains a bullish profile while price holds above the 113.86, 102.42, and 94.23 support sequence.