USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-04 18:09 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is in a fast short-term downswing from the 155.60 pivot-high resistance area, with price now testing the active 142.07 pivot-low support. The short-term pivot and HiLo structures remain in DTrend, and price is below the 5-, 10-, and 20-day benchmarks. Intermediate structure remains mixed because price is still above the rising 55-day average at 138.80, while the broader long-term trend remains constructive above the rising 100- and 200-day averages. The October monthly grid is being tested from below its lower boundary; the recent decline reflects a sharp retracement within the larger recovery from the July low. A reversal above 150.97 would establish the next pivot-high threshold, while sustained weakness through 142.07 exposes the lower swing-support sequence beginning at 125.41.


Chart Analysis ATS AI Generated: 2026-10-04 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.