
USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-06 07:11 CT
Price Action
- Last: 145.50,
- Bars: Medium,
- Mom: Average.
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 Neutral,
- MSFG Trend: Neutral.
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: 163.35, 155.60,
- 6. Levels S: 142.07, 125.41, 113.86, 107.49, 102.42.
Daily Benchmarks
- (Short-Term) 5 Day: 147.28 Up Trend,
- (Short-Term) 10 Day: 147.89 Down Trend,
- (Intermediate-Term) 20 Day: 150.17 Down Trend,
- (Intermediate-Term) 55 Day: 139.10 Up Trend,
- (Long-Term) 100 Day: 131.45 Up Trend,
- (Long-Term) 200 Day: 115.17 Up Trend.
Additional Metrics
- ATR: 138,
- VOLMA: 2577640.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
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.