USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-20 07:10 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 141.79,
• 5. Levels R: 163.35,
• 6. Levels S: 138.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 151.90 Up Trend,
• (Short-Term) 10 Day: 144.73 Up Trend,
• (Intermediate-Term) 20 Day: 132.33 Up Trend,
• (Intermediate-Term) 55 Day: 115.69 Up Trend,
• (Long-Term) 100 Day: 92.41 Up Trend,
• (Long-Term) 200 Day: 82.20 Up Trend.

Overall Rating

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

Key Insights Summary

USO reflects a powerful crude-oil futures-led expansion following the early-2026 base near the mid-60s. The weekly structure remains decisively bullish, with higher pivot highs and higher pivot lows, price materially above every rising benchmark, and an accelerating spread between price and the moving-average complex. The advance is extended and volatile, evidenced by unusually large weekly bars and a fast momentum profile. The 163.35 pivot high is the immediate overhead reference, while 141.79 is the next pivot-reversal threshold; lower structural supports are layered at 138.86, 102.42, and 94.23. Price is far above the 2026 yearly NTZ/F0% area near the low-70s, confirming a mature upside price-discovery phase rather than a range-bound market.