USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-01 07:12 CT

Price Action

• Last: 144.37,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: 104%
• 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 141.41,
• 5. Levels R: 163.35,
• 6. Levels S: 141.38, 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: 80.80 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a broad, high-momentum futures-style advance, with price materially above every weekly benchmark and the complete moving-average structure rising. The latest 163.35 pivot high defines the principal overhead reference, while 141.38 is the immediate pivot support and reversal threshold. The intermediate pivot sequence remains upward despite the current retracement from the new high. Volatility is elevated and the weekly range has expanded sharply following the breakout from the 2023-2026 base near the yearly F0/NTZ area. The yearly structure is strongly bullish, with deeper structural supports clustered at 102.42, 94.23, and 65.99.