USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-11 18:09 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO reflects a broad higher-timeframe recovery structure above its rising 55-, 100-, and 200-day benchmarks, while the shorter swing cycle remains corrective after rejection from the 155.60 pivot resistance area. Price has rebounded from the 141.76 pivot low and reclaimed the rising 5- and 10-day averages, but remains beneath the declining 20-day benchmark at 149.40 and the 150.80 next-pivot threshold. The October monthly grid is being approached from above, characterizing the current action as a rebound within a short-term consolidation range. A sustained sequence of higher lows above 141.76 would preserve the broader bullish recovery structure; failure of that pivot would shift focus toward the substantially lower 125.41 support zone. Futures-linked energy pricing remains sensitive to inventory, production, geopolitical, and seasonal demand headlines, which can amplify the approximately 6.55-point ATR swing environment.


Chart Analysis ATS AI Generated: 2026-10-11 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.