USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-07 07:09 CT

Price Action

• Last: 147.82,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 142.96,
• 4. Pvt. Next: Pvt high 155.58,
• 5. Levels R: 171.82,
• 6. Levels S: 142.96, 102.42, 65.99, 60.67, 59.78, 57.83.

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: 119.81 Up Trend,
• (Long-Term) 100 Day: 94.34 Up Trend,
• (Long-Term) 200 Day: 83.19 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a powerful higher-timeframe expansion, with price substantially above the rising 20, 55, 100, and 200-week benchmarks and well above the 2026 yearly NTZ. The latest weekly bar is a large, high-volatility reversal from the 171.82 pivot high, shifting the short-term pivot condition to DTrend and placing 142.96 as the immediate structural support. From a futures swing-trader perspective, this is a sharp countertrend pullback within an intermediate and long-term uptrend: recovery through the 152.44 to 159.14 short-term benchmark zone would restore upside momentum toward 171.82, while sustained trade below 142.96 would deepen the retracement toward the rising 20-week benchmark near 136.32.