USO United States Oil Fund LP Daily Chart Analysis: 2026-Oct-18 18:08 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

USO is displaying a broad upside continuation structure from a futures swing-trading perspective. Price has accelerated from the October monthly grid and is materially extended above every benchmark average, while both the short-term pivot trend and intermediate HiLo trend remain in UTrend. The current advance is pressing the 163.35 pivot resistance area after a sequence of higher highs and higher lows. Momentum is fast and daily bars have expanded, reflecting a directional impulse rather than a low-volatility consolidation. The nearest defined structural reversal reference is the 154.32 next-pivot level; below that, the October grid and 141.76 support represent the more meaningful retracement zone. Long-term trend alignment remains notably constructive, with the 100-day and 200-day averages rising well beneath price.


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