USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-16 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 reflects a strong crude-oil swing structure, with price accelerating above the October monthly NTZ and holding above every major daily benchmark. The pivot sequence remains constructive with both short-term and intermediate-term UTrends, while the current rally is pressing the 158.10 pivot-high area beneath major resistance at 163.35. The 149.86 pivot-next level defines the nearest structural retracement reference, with the 20-day and 10-day benchmarks clustered near 148.77 and 148.37. Rising ATR near 5.00 confirms expanded daily range conditions, consistent with fast upside momentum and a volatility-supported advance rather than a low-range consolidation.


Chart Analysis ATS AI Generated: 2026-10-16 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.