USO United States Oil Fund LP Weekly Chart Analysis: 2026-Sep-29 07:13 CT

Price Action

• Last: 149.35,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• 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 163.35,
• 4. Pvt. Next: Pvt low 141.55,
• 5. Levels R: 163.35,
• 6. Levels S: 141.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 145.74 Up Trend,
• (Short-Term) 10 Day: 137.38 Up Trend,
• (Intermediate-Term) 20 Day: 130.37 Up Trend,
• (Intermediate-Term) 55 Day: 111.43 Up Trend,
• (Long-Term) 100 Day: 89.99 Up Trend,
• (Long-Term) 200 Day: 80.81 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful, broad-based weekly advance, with price materially above every rising benchmark average and both pivot-trend measures in UTrend. The latest swing reached 163.35 before a large red weekly retracement developed, indicating fast momentum and elevated two-way volatility following an extended upside run. The 141.55 to 141.86 area defines the nearest structural pivot support zone, while 163.35 remains the dominant overhead swing-high reference. The wide separation above the 20-, 55-, 100-, and 200-week benchmarks confirms a strong long-duration trend, although the recent rejection from the high reflects a short-term countertrend pullback within that larger bullish structure.