USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-06 07:11 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 short-term corrective downswing following the September surge toward 163.35. Price has formed lower highs from the peak and remains below the declining 5-, 10-, and 20-day benchmarks, while the pivot structure remains DTrend. The 142.07 swing-low area is the immediate downside reference, with 150.97 defining the opposite-pivot recovery threshold. From a futures swing-trader perspective, the larger structure remains constructive because price holds above the rising 55-, 100-, and 200-day benchmarks; however, the current tape reflects a countertrend pullback and consolidation inside the October monthly range rather than a renewed intermediate-term advance.


Chart Analysis ATS AI Generated: 2026-10-06 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.