USO United States Oil Fund LP Weekly Chart Analysis: 2026-Aug-31 07:11 CT

Price Action

• Last: 129.02,
• 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 135.98,
• 5. Levels R: 154.08, 142.33,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 129.02 Up Trend,
• (Short-Term) 10 Day: 110.91 Up Trend,
• (Intermediate-Term) 20 Day: 126.44 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: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

USO reflects a high-volatility crude-oil expansion phase, with price substantially above the yearly neutral-zone range and above every weekly benchmark. The recent structure contains a sharp pullback from 142.33 to the 102.42 pivot-support area followed by a strong rebound, creating an elevated and fast-moving range. Short-term pivot status remains DTrend because the latest confirmed evolving pivot is the 113.86 low, while the broader higher-low structure and aligned moving averages remain positive. For a futures swing-trader perspective, 135.98 is the next pivot-reversal threshold, with 142.33 and 154.08 defining overhead resistance; 113.86 is the nearest structural support and 102.42 marks the deeper breakout-retest level.