USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-28 07:12 CT

Price Action

• Last: 165.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: 1900%
• 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 169.98,
• 4. Pvt. Next: Pvt low 148.04,
• 5. Levels R: 169.98,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 155.04 Up Trend,
• (Short-Term) 10 Day: 149.02 Up Trend,
• (Intermediate-Term) 20 Day: 134.15 Up Trend,
• (Intermediate-Term) 55 Day: 117.81 Up Trend,
• (Long-Term) 100 Day: 93.37 Up Trend,
• (Long-Term) 200 Day: 82.70 Up Trend.

Overall Rating

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

Key Insights Summary

USO is in a strong, accelerated weekly advance characterized by higher swing highs, higher swing lows, and price holding above every benchmark average. The futures-swing structure is trend-expansive rather than rotational: 169.98 is the active swing-high reference, while 148.04 defines the next short-term pivot reversal threshold. The wide separation above the 20, 55, 100, and 200-week benchmarks confirms broad upside alignment, while the large weekly ranges and fast momentum reflect elevated directional volatility following the breakout far above the yearly NTZ.