USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-05 07:11 CT

Price Action

• Last: 143.12,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

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 Bullish,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 142.98,
• 4. Pvt. Next: Pvt high 165.58,
• 5. Levels R: 171.82,
• 6. Levels S: 142.98, 102.42, 65.99, 60.67, 59.78.

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: 119.42 Up Trend,
• (Long-Term) 100 Day: 94.34 Up Trend,
• (Long-Term) 200 Day: 83.11 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful higher-timeframe expansion, trading well above the rising 20-, 55-, 100-, and 200-week benchmarks and materially above the yearly F0%/NTZ structure. The recent decline from the 171.82 pivot high has established a short-term DTrend and placed price beneath the 5- and 10-week benchmarks, characterizing the current move as a sharp countertrend retracement within the broader UTrend. The 142.98 pivot-low area is the immediate structural reference; holding above it preserves the intermediate higher-low sequence, while a recovery through the short-term averages would restore upside swing momentum toward the 165.58 reversal threshold and 171.82 resistance.