USO United States Oil Fund LP Daily Chart Analysis: 2026-Nov-02 11:15 CT

Price Action

• Last: 158.38,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 157.38,
• 4. Pvt. Next: Pvt high 160.59,
• 5. Levels R: 171.82,
• 6. Levels S: 157.38, 141.76, 125.41, 113.86, 107.49, 102.42.

Daily Benchmarks

• (Short-Term) 5 Day: 168.74 Up Trend,
• (Short-Term) 10 Day: 164.70 Down Trend,
• (Intermediate-Term) 20 Day: 157.82 Up Trend,
• (Intermediate-Term) 55 Day: 149.54 Up Trend,
• (Long-Term) 100 Day: 135.62 Up Trend,
• (Long-Term) 200 Day: 123.98 Up Trend.

Additional Metrics

• ATR: 4.00,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO remains within a broad daily uptrend, supported by rising 20-, 55-, 100-, and 200-day benchmarks and an intermediate pivot structure that remains UTrend. The latest large downside bar reversed sharply from the 171.82 swing-high resistance area and shifted the short-term pivot condition to DTrend, with price now below the declining 5- and 10-day averages. The 157.38 pivot low and rising 20-day average form the immediate technical balance area, while 160.59 marks the next pivot reversal threshold. The November monthly grid remains below current price, preserving a bullish intermediate-term location despite the near-term pullback and elevated daily volatility.