USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-23 07:11 CT

Price Action

• Last: 163.77,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• YSFG Trend: UTrend.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 163.77,
• 4. Pvt. Next: Pvt low 142.07,
• 5. Levels R: 163.77,
• 6. Levels S: 113.86, 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 futures-style momentum expansion, with price accelerating to a new 163.77 pivot high and trading materially above every weekly benchmark. The pivot structure is aligned upward across short- and intermediate-term horizons, while the wide separation above the 20-, 55-, 100-, and 200-period averages confirms an extended long-term advance. Large weekly ranges and the steep, near-vertical advance indicate elevated directional volatility rather than a balanced consolidation. The 142.07 pivot-next level defines the nearest structural reversal threshold, while 113.86 is the principal established swing-support level beneath the current advance.