USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-09 07:11 CT

Price Action

• Last: 149.28,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

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 141.61,
• 5. Levels R: 163.35,
• 6. Levels S: 102.42, 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: 81.22 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful futures-style expansion phase, with price substantially above every rising weekly benchmark and well above the 2026 yearly NTZ/F0% area. The intermediate and long-term structure shows higher highs and higher lows, while the current 163.35 pivot high defines the near-term resistance reference. Large weekly ranges and fast momentum indicate an elevated-volatility advance; the 149.28 five-week benchmark is softening while the 138.45 ten-week benchmark and 141.61 next-pivot level define the active pullback structure within the broader uptrend.