USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-21 07:10 CT

Price Action

• Last: 161.90,
• 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 141.87,
• 5. Levels R: 163.35,
• 6. Levels S: 138.16, 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

From a futures swing-trader perspective, the weekly structure reflects a powerful, accelerated energy advance: price is holding well above every rising benchmark and both pivot trend measures remain in UTrend. The market is pressing the 163.35 pivot-high resistance area after a sharp V-shaped recovery from the 102.42 support zone, indicating fast momentum and expanded weekly volatility. The 141.87 pivot-next level is the principal near-term structural reference, while 138.16 marks the first established pivot support beneath it. The broad separation between price and the 20-, 55-, 100-, and 200-period benchmarks confirms a mature bullish expansion, with price action increasingly sensitive to news-driven crude-oil volatility and sharp countertrend swings.