USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-19 07:10 CT

Price Action

• Last: 141.67,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: Above NTZ
• 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 141.67,
• 5. Levels R: 163.35,
• 6. Levels S: 141.67, 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 150.62 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

From a futures swing-trader perspective, USO remains in a powerful multi-timeframe expansion phase, with price materially above the 20-, 55-, 100-, and 200-week benchmarks and both pivot structures retaining UTrend status. The recent advance to 163.35 was followed by a large-range pullback toward the 141.67 pivot-reversal level, creating elevated short-term volatility and a fast momentum condition. The 5-week average has turned down while the 10-week average remains rising, reflecting a near-term countertrend retracement within the broader higher-high and higher-low structure. A sustained move below 141.67 would establish a new short-term pivot low, while 163.35 remains the dominant overhead swing-high reference.