USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-09 07:10 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is consolidating within the October monthly grid after a sharp September rally and subsequent pullback from the 163.36 pivot high. The short-term pivot structure remains in a DTrend, with price below the declining 10-day and 20-day benchmarks and a defined next pivot threshold at 150.80. The 141.76 pivot low is the immediate structural support, while 155.60 remains the principal overhead swing resistance. From a futures swing-trader perspective, the broader oil-proxy structure remains constructive because price holds above rising 55-day, 100-day, and 200-day benchmarks, but current action reflects a corrective, choppy retracement rather than a renewed momentum expansion.


Chart Analysis ATS AI Generated: 2026-10-09 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.