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

Price Action

• Last: 158.29,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

• 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 171.82,
• 4. Pvt. Next: Pvt low 149.74,
• 5. Levels R: 171.82,
• 6. Levels S: 113.86, 102.42, 94.23, 65.99, 61.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 159.14 Up Trend,
• (Short-Term) 10 Day: 152.44 Up Trend,
• (Intermediate-Term) 20 Day: 136.32 Up Trend,
• (Intermediate-Term) 55 Day: 119.50 Up Trend,
• (Long-Term) 100 Day: 94.34 Up Trend,
• (Long-Term) 200 Day: 83.74 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful weekly expansion phase, defined by higher pivot highs and higher pivot lows, broad moving-average alignment, and price holding substantially above the yearly F0%/NTZ area. The latest large red weekly bar represents a pullback from the 171.82 pivot high, with the 159.14 five-period benchmark and 149.74 pivot-reversal level defining the immediate swing structure. The broader futures-style trend remains strongly directional while price holds above the rising 10, 20, and 55-period benchmarks; 171.82 is the primary overhead pivot reference.