USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-05 07:11 CT

Price Action

• Last: 142.07,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 142.07,
• 4. Pvt. Next: Pvt high 150.97,
• 5. Levels R: 163.36, 155.60,
• 6. Levels S: 142.67, 125.41, 113.86, 107.49, 102.42.

Daily Benchmarks

• (Short-Term) 5 Day: 147.47 Up Trend,
• (Short-Term) 10 Day: 148.53 Up Trend,
• (Intermediate-Term) 20 Day: 150.43 Down Trend,
• (Intermediate-Term) 55 Day: 138.80 Up Trend,
• (Long-Term) 100 Day: 131.00 Up Trend,
• (Long-Term) 200 Day: 114.78 Up Trend.

Additional Metrics

• ATR: 8.58,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO has shifted into a sharp short-term corrective downswing from the 163.36 pivot high, producing a lower high at 155.60 and a new declining pivot structure. Price at 142.07 is below the 5-, 10-, and 20-day benchmarks and has pushed beneath the 142.67 first support area, reflecting fast downside momentum and an October MSFG breakdown. The intermediate structure is mixed-to-bearish because the HiLo trend is down, although price remains above the rising 55-day and 100-day benchmarks. The long-term trend remains constructive above the rising 100-day and 200-day averages, while 125.41 is the major visible support zone beneath the current decline.