USO United States Oil Fund LP Weekly Chart Analysis: 2026-Oct-30 07:11 CT

Price Action

• Last: 169.98,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Oct

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

YSFG Year 2026

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

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: 139.86, 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: 82.71 Up Trend.

Overall Rating

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

Key Insights Summary

USO reflects a powerful crude-oil futures-style momentum expansion, with large weekly bars, a fast ascent, and price establishing a new pivot high at 169.98. The swing structure is decisively constructive: both pivot and HiLo trends are rising, while all benchmark averages are rising and widely separated beneath price. The advance is extended above the weekly, monthly, and yearly fib-grid balance areas, characterizing a strong directional price cycle rather than consolidation. The 148.04 pivot-next level defines the nearest major swing-reversal reference, with 139.86 the next structural support beneath it. The current pattern is a high-volatility breakout continuation, with momentum notably stronger than the underlying moving-average trend.