USO United States Oil Fund LP Daily Chart Analysis: 2026-Sep-08 07:14 CT

Price Action

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

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

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 137.58,
5. Levels R: 154.08, 143.48,
6. Levels S: 125.41, 113.86, 107.49, 102.42, 98.47.

Daily Benchmarks

(Short-Term) 5 Day: 137.53 Up Trend,
(Short-Term) 10 Day: 133.80 Up Trend,
(Intermediate-Term) 20 Day: 130.74 Up Trend,
(Intermediate-Term) 55 Day: 127.09 Up Trend,
(Long-Term) 100 Day: 128.13 Up Trend,
(Long-Term) 200 Day: 107.14 Up Trend.

Additional Metrics

ATR: 5.00,
VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO displays a broad futures-linked recovery structure, with successive higher pivot lows from the July 102.42 low and a renewed push into the 143.48 pivot-high area. Fast momentum and a large expansion bar confirm strong short-term directional participation, while price holds above all six rising benchmark averages. The September monthly grid has been exceeded on the upside, characterizing the current leg as an upside expansion rather than consolidation. Pivot structure remains UTrend across both short-term and intermediate-term measures; 143.48 is the immediate pivot reference, 154.08 is the next major overhead resistance, and 137.58 defines the current opposite-pivot reversal threshold. Volume remains subdued relative to the earlier April and May activity spikes, indicating that the advance is technically strong but occurring with less broad volume participation than the prior high-volatility swings.