USO United States Oil Fund LP Daily Chart Analysis: 2026-Nov-03 07:11 CT

Price Action

• Last: 155.75,
• 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 155.75,
• 4. Pvt. Next: Pvt high 164.45,
• 5. Levels R: 171.82,
• 6. Levels S: 155.75.

Daily Benchmarks

• (Short-Term) 5 Day: 168.74 Up Trend,
• (Short-Term) 10 Day: 164.70 Up Trend,
• (Intermediate-Term) 20 Day: 157.82 Up Trend,
• (Intermediate-Term) 55 Day: 149.54 Up Trend,
• (Long-Term) 100 Day: 135.02 Up Trend,
• (Long-Term) 200 Day: 123.98 Up Trend.

Additional Metrics

• ATR: 7.00,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

The futures swing structure remains broadly constructive on the intermediate and long-term horizon, with price holding well above the rising 55-, 100-, and 200-day benchmarks and the HiLo pivot trend still in an UTrend. The latest large-range decline from the 171.82 pivot high has shifted the short-term pivot sequence to DTrend and produced fast downside momentum. Price has broken beneath the 5-, 10-, and 20-day averages, while 155.75 is the active pivot-low support. The 164.45 reversal level defines the next opposing pivot threshold, and 171.82 remains the major overhead swing resistance. The decline appears to be a sharp countertrend retracement within the larger advance unless the intermediate benchmark structure materially deteriorates.