USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-06 07:11 CT

Price Action

• Last: 144.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Bullish,
• MSFG Trend: UTrend.

YSFG Year 2026

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

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 141.79,
• 5. Levels R: 163.35,
• 6. Levels S: 142.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 149.28 Down Trend,
• (Short-Term) 10 Day: 138.45 Up Trend,
• (Intermediate-Term) 20 Day: 130.33 Up Trend,
• (Intermediate-Term) 55 Day: 112.72 Up Trend,
• (Long-Term) 100 Day: 90.74 Up Trend,
• (Long-Term) 200 Day: 81.25 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful weekly expansion phase, with price materially above the rising 10, 20, 55, 100, and 200-period benchmarks and well above the 2026 yearly NTZ/F0% region. The short-term tape is retracing from the 163.35 pivot high, reflected by the 5-period benchmark turning down and price testing the 141.79 next-pivot threshold. The 142.42 support is the immediate structural reference; holding above it preserves the broader sequence of higher highs and higher lows. A break beneath it would characterize the current move as a deeper volatility-driven pullback within an otherwise bullish intermediate and long-term oil-fund structure.