USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-07 07:14 CT

Price Action

• Last: 143.48,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 143.48,
• 4. Pvt. Next: Pvt low 121.72,
• 5. Levels R: 154.08, 143.48,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 127.62 Up Trend,
• (Short-Term) 10 Day: 121.69 Up Trend,
• (Intermediate-Term) 20 Day: 126.06 Up Trend,
• (Intermediate-Term) 55 Day: 105.42 Up Trend,
• (Long-Term) 100 Day: 86.99 Up Trend,
• (Long-Term) 200 Day: 78.31 Up Trend.

Overall Rating

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

Key Insights Summary

USO displays an exceptionally strong futures-style expansion phase, with large weekly bars and fast upside momentum driving price well above the weekly, monthly, and yearly F0%/NTZ structures. Both pivot trend measures remain in UTrend and every benchmark average is rising, confirming broad multi-timeframe participation. Price is testing the 143.48 pivot-high area beneath 154.08 resistance after a sharp V-shaped recovery from 113.86; 121.72 is the pivot reversal threshold, while 113.86 and 102.42 define the next major swing-support zones. The structure remains bullish but highly volatile, reflecting a steep directional advance rather than a low-volatility consolidation.