USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-24 07:08 CT

Price Action

• Last: 170.00,
• 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 170.00,
• 4. Pvt. Next: Pvt low 148.08,
• 5. Levels R: 170.00,
• 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 is in an exceptionally strong weekly expansion phase, with large bars, fast upside momentum, successive higher pivot lows, and price extended above every rising benchmark average. The 170.00 pivot high is the immediate structural resistance and defines the current breakout test. The pivot structure remains upward on both short- and intermediate-term measures, while 148.08 identifies the next opposite-pivot threshold. The broad separation between price and the 20-, 55-, 100-, and 200-week benchmarks confirms a mature directional advance with elevated volatility and a strongly bullish long-term trend backdrop.