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

Price Action

• Last: 163.35,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• 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 141.67,
• 5. Levels R: 163.35,
• 6. Levels S: 141.38, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 150.52 Down Trend,
• (Short-Term) 10 Day: 140.35 Up Trend,
• (Intermediate-Term) 20 Day: 130.69 Up Trend,
• (Intermediate-Term) 55 Day: 113.98 Up Trend,
• (Long-Term) 100 Day: 91.49 Up Trend,
• (Long-Term) 200 Day: 81.72 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a powerful futures-style expansion phase, marked by large weekly ranges, fast upside momentum, higher pivot highs, and higher pivot lows. Price has extended decisively above the yearly F0%/NTZ area and all visible intermediate- and long-term benchmarks, confirming broad trend alignment. The 163.35 pivot high is the immediate upside reference, while the 141.38 to 141.67 area is the nearest structural pullback and pivot-reversal zone. The isolated 5-period benchmark down trend reflects short-term mean-reversion pressure after a vertical advance, but the 10-, 20-, 55-, 100-, and 200-period averages remain positively aligned. This is a high-volatility bullish trend environment rather than a mature sideways consolidation.