USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-24 07:13 CT

Price Action

WSFG Weekly

MSFG Month Sep

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

USO reflects an exceptionally strong, fast-momentum crude-oil advance, with price making a fresh pivot high at 150.33 and holding materially above every weekly benchmark. The pivot structure is aligned in UTrend across short- and intermediate-term horizons, while the moving-average stack is broadly rising and positively ordered. Price is extended far above the 2026 yearly F0%/NTZ area, characterizing the larger cycle as a breakout and trend-continuation phase rather than a range-bound market. The 141.45 pivot-low reversal level defines the nearest structural reference beneath the current high; deeper support is layered at 113.86, 102.42, and 94.23. Large weekly bars and the steep ascent indicate elevated directional volatility following a powerful V-style recovery and continuation sequence.


Chart Analysis ATS AI Generated: 2026-09-24 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.