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

Price Action

• Last: 129.91,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

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

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Bullish,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 113.86,
• 4. Pvt. Next: Pvt high 135.98,
• 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: 129.02 Up Trend,
• (Short-Term) 10 Day: 120.21 Up Trend,
• (Intermediate-Term) 20 Day: 126.00 Up Trend,
• (Intermediate-Term) 55 Day: 104.52 Up Trend,
• (Long-Term) 100 Day: 86.40 Up Trend,
• (Long-Term) 200 Day: 78.00 Up Trend.

Overall Rating

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

Key Insights Summary

USO reflects an exceptionally volatile energy swing structure: price rebounded sharply from the 113.86 pivot low and is holding above the rising 5-, 10-, 20-, 55-, 100-, and 200-week benchmarks. The short-term pivot sequence remains classified as DTrend until price exceeds the 135.98 pivot-reversal threshold, leaving 142.33 and 154.08 as the larger overhead swing-resistance references. From a futures swing-trader perspective, the current structure is a strong countertrend recovery within a still-unconfirmed short-term pivot reversal, while the broad benchmark alignment and price’s position far above the 2026 yearly NTZ support a bullish intermediate- and long-term energy trend regime.