USO United States Oil Fund LP Daily Chart Analysis: 2026-Nov-09 07:49 CT

Price Action

• Last: 148.20,
• Bars: Medium,
• 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 Neutral,
• MSFG Trend: Neutral.

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 142.98,
• 4. Pvt. Next: Pvt high 153.76,
• 5. Levels R: 171.82,
• 6. Levels S: 141.76, 125.41, 113.86, 102.42.

Daily Benchmarks

• (Short-Term) 5 Day: 155.50 Down Trend,
• (Short-Term) 10 Day: 161.19 Down Trend,
• (Intermediate-Term) 20 Day: 159.40 Down Trend,
• (Intermediate-Term) 55 Day: 149.87 Up Trend,
• (Long-Term) 100 Day: 136.11 Up Trend,
• (Long-Term) 200 Day: 125.58 Up Trend.

Additional Metrics

• ATR: 138,
• VOLMA: 2577640.

Overall Rating

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

Key Insights Summary

USO reflects a sharp, high-momentum futures-style liquidation from the 171.82 pivot high into the 142.98 pivot low, followed by a modest rebound toward 148.20. The short-term pivot structure remains bearish, with price below the falling 5-, 10-, and 20-day benchmarks, while 153.76 is the defined pivot-reversal threshold. Intermediate structure is mixed: the higher-order HiLo trend remains up and price is holding above the rising 55-day average, but the November grid position is neutral after the rapid retracement. Long-term structure remains constructive above the rising 100- and 200-day averages; however, the recent decline has created a volatile countertrend phase rather than a smooth continuation. The 141.76 support area is the immediate structural reference, while 153.76 and then 171.82 define the overhead recovery and prior swing-high zones.