USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-08 07:15 CT

Price Action

• Last: 146.95,
• Bars: Large,
• Mom: 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 146.95,
• 4. Pvt. Next: Pvt low 125.57,
• 5. Levels R: 154.08, 146.95,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 130.20 Up Trend,
• (Short-Term) 10 Day: 125.35 Up Trend,
• (Intermediate-Term) 20 Day: 127.97 Up Trend,
• (Intermediate-Term) 55 Day: 106.73 Up Trend,
• (Long-Term) 100 Day: 87.65 Up Trend,
• (Long-Term) 200 Day: 78.01 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in an exceptionally strong futures-style weekly expansion phase, with price materially above every rising benchmark and well above the 2026 yearly NTZ. The pivot structure is aligned bullishly: both the short-term pivot trend and intermediate-term HiLo trend are UTrend, while the latest advance is testing the 146.95 pivot-high area beneath 154.08 resistance. The advance has been fast and volatile, featuring sharp continuation swings and deep but contained countertrend retracements. The 125.57 pivot-next threshold defines the current swing-structure reversal level, while 113.86 and 102.42 are the next major weekly support references. The broad MA separation confirms a mature upside trend rather than a base-building consolidation.