USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-26 07:12 CT

Price Action

• Last: 126.09,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 126.09%
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 126.09,
• 4. Pvt. Next: Pvt high 131.99,
• 5. Levels R: 154.08, 142.33, 135.91,
• 6. Levels S: 126.09, 113.86, 107.49, 102.42, 98.47.

Daily Benchmarks

• (Short-Term) 5 Day: 132.59 Up Trend,
• (Short-Term) 10 Day: 129.08 Up Trend,
• (Intermediate-Term) 20 Day: 126.09 Up Trend,
• (Intermediate-Term) 55 Day: 124.62 Up Trend,
• (Long-Term) 100 Day: 127.88 Up Trend,
• (Long-Term) 200 Day: 104.43 Up Trend.

Additional Metrics

• ATR: 8.30,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a sharp short-term retracement following rejection from the 135.91 pivot resistance area. Price has declined into the 126.09 pivot-low and 20-day benchmark confluence, creating an important near-term inflection zone. The short-term pivot structure is DTrend and price remains below the 5-day and 10-day benchmarks, while the broader HiLo pivot trend and the rising 20-day, 55-day, 100-day, and 200-day benchmarks retain an intermediate-to-long-term bullish structure. The August MSFG sits materially below current price near the 120 area, indicating that the recent decline remains a pullback within the larger recovery sequence rather than a completed intermediate reversal. A sustained move above 131.99 would re-establish a new short-term pivot high, while a failure beneath 126.09 shifts focus toward 113.86 support.