USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-01 07:13 CT

Price Action

WSFG Weekly

MSFG Month Sep

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO is displaying a high-volatility futures-style expansion following the sharp recovery from the 102.42 and 113.86 pivot-support areas. Price has returned to 135.00 and is above every rising weekly benchmark, confirming broad multi-timeframe upside alignment. The immediate pivot structure remains DTrend because the 142.33 swing high has not been exceeded, while 135.28 is the active threshold for a new pivot-high evolution. The 142.33 to 154.08 zone defines the overhead swing-resistance band; 113.86 is the principal near-term structural support, followed by 102.42 and 94.23. Price is extended well above the 2026 yearly NTZ, reflecting a strong directional repricing phase rather than balance-area trade.


Chart Analysis ATS AI Generated: 2026-09-01 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.