USO United States Oil Fund LP Daily Chart Analysis: 2026-Aug-28 07:11 CT

Price Action

Last: 125.41,
Bars: Small,
Mom: Slow.

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 Bullish,
MSFG Trend: UTrend.

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 125.41,
4. Pvt. Next: Pvt high 135.08,
5. Levels R: 154.08, 142.33, 135.91,
6. Levels S: 125.41, 113.86, 107.49, 102.42, 98.47.

Daily Benchmarks

(Short-Term) 5 Day: 130.98 Down Trend,
(Short-Term) 10 Day: 129.84 Down Trend,
(Intermediate-Term) 20 Day: 126.27 Up Trend,
(Intermediate-Term) 55 Day: 124.77 Up Trend,
(Long-Term) 100 Day: 127.78 Down Trend,
(Long-Term) 200 Day: 105.18 Up Trend.

Additional Metrics

ATR: 8.29,
VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is consolidating after the August rebound from the 113.86 swing-low area. Short-term structure remains corrective, with a DTrend pivot reading, price below the declining 5-day and 10-day benchmarks, and a developing pivot low at 125.41. Intermediate structure remains constructive: the HiLo trend is up, the 20-day and 55-day benchmarks are rising, and price holds above the August MSFG NTZ. The 125.41 pivot low is the immediate structural reference, while 135.91 is the nearest major swing resistance and 135.08 is the next pivot-high reversal threshold. Long-term participation remains supported by price well above the rising 200-day benchmark, although the declining 100-day benchmark near 127.78 continues to define overhead countertrend pressure. The recent narrow candles and subdued momentum characterize a choppy retracement/consolidation phase rather than an impulsive directional expansion.