USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-08 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 advance and rejection from the 163.35 swing-high resistance. Price is holding marginally above the 5-day and 55-day benchmarks, but remains below declining 10-day and 20-day averages, while the pivot structure remains DTrend. The 141.76 pivot low is the immediate structural support, with 150.80 defining the opposite-pivot reversal threshold. Intermediate conditions are consolidative within the October monthly grid, while the rising 100-day and 200-day benchmarks preserve the broader long-term bullish trend structure.


Chart Analysis ATS AI Generated: 2026-10-08 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.