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

Price Action

• Last: 148.00,
• 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: 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 141.37,
• 5. Levels R: 163.35,
• 6. Levels S: 141.37, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 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 reflects an exceptionally strong oil-linked futures swing expansion, with price holding above every rising weekly benchmark and materially above the 2026 yearly F0%/NTZ zone near the low-70s. The short-term pivot structure remains in an UTrend, although the recent rejection from 163.35 has produced very large weekly ranges and fast momentum. The 141.37 pivot-low reversal level is the nearest structural reference beneath price; a move below it would define a short-term swing change, while 163.35 remains the established upside pivot resistance. The intermediate and long-term structure remains broadly aligned upward, supported by higher moving averages and a major separation between price and the 55, 100, and 200-period benchmarks.