USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-21 07:14 CT

Price Action

• Last: 163.35,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 163.35,
• 4. Pvt. Next: Pvt low 141.37,
• 5. Levels R: 163.35,
• 6. Levels S: 138.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 137.56 Up Trend,
• (Short-Term) 10 Day: 130.43 Up Trend,
• (Intermediate-Term) 20 Day: 129.09 Up Trend,
• (Intermediate-Term) 55 Day: 108.45 Up Trend,
• (Long-Term) 100 Day: 88.42 Up Trend,
• (Long-Term) 200 Day: 80.04 Up Trend.

Overall Rating

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

Key Insights Summary

USO reflects an exceptionally strong oil-linked weekly momentum expansion, with price at 163.35 and materially extended above every rising benchmark average. The swing structure remains bullish across both pivot time frames, characterized by higher highs and higher lows following the major breakout from the 2023 through early-2026 consolidation range. From a futures swing-trader perspective, the market is in a fast, high-volatility markup phase rather than a balanced rotational phase. The 163.35 pivot high is the immediate reference resistance, while 141.37 is the reversal threshold for the current short-term pivot structure; 138.86 is the nearest established support. The broad separation above the 20-, 55-, 100-, and 200-week benchmarks confirms powerful trend persistence, although the steep vertical advance also reflects increasingly stretched momentum conditions.