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

Price Action

• Last: 142.37,
• 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 Bearish,
• MSFG Trend: Downtrend.

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 141.76,
• 4. Pvt. Next: Pvt high 150.88,
• 5. Levels R: 163.35, 155.60,
• 6. Levels S: 141.76, 125.41, 113.86, 107.49, 102.42.

Daily Benchmarks

• (Short-Term) 5 Day: 146.08 Down Trend,
• (Short-Term) 10 Day: 147.47 Down Trend,
• (Intermediate-Term) 20 Day: 150.48 Down Trend,
• (Intermediate-Term) 55 Day: 139.28 Up Trend,
• (Long-Term) 100 Day: 131.45 Up Trend,
• (Long-Term) 200 Day: 115.56 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO is in a short-term corrective downswing following the September peak near 163.35. Price is below the declining 5, 10, and 20-day benchmarks, while the pivot structure remains DTrend with lower highs from 155.60 and a newly established 141.76 pivot low. The October monthly grid is being traded below its F0%/NTZ area, reinforcing near-term downside control. From a futures swing-trader perspective, 141.76 is the immediate structural support and 150.88 is the pivot reversal threshold; the broader trend remains constructive because price holds above rising 55, 100, and 200-day benchmarks.