USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-28 07:12 CT

Price Action

• Last: 147.88,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

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: 141.37, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 143.00 Up Trend,
• (Short-Term) 10 Day: 134.94 Up Trend,
• (Intermediate-Term) 20 Day: 129.64 Up Trend,
• (Intermediate-Term) 55 Day: 111.07 Up Trend,
• (Long-Term) 100 Day: 89.25 Up Trend,
• (Long-Term) 200 Day: 80.51 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a broad, high-momentum bullish expansion, with price materially above every rising weekly benchmark and well above the 2026 yearly NTZ/F0% region. The pivot structure remains constructive with a UTrend in both short-term pivot direction and intermediate HiLo trend. The latest large-range reversal from the 163.35 pivot high reflects elevated volatility and a countertrend retracement within the larger advance; 141.37 is the active nearby pivot-reversal reference. The futures swing-trader view is characterized by a strong upside price cycle, wide weekly ranges, higher-value moving-average structure, and a market transitioning between momentum surges and sharp pullback phases rather than a low-volatility consolidation.