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

Price Action

• Last: 147.98,
• 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 145.98,
• 5. Levels R: 171.82,
• 6. Levels S: 102.42, 65.99, 60.67, 60.02, 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: 119.40 Up Trend,
• (Long-Term) 100 Day: 94.34 Up Trend,
• (Long-Term) 200 Day: 83.14 Up Trend.

Overall Rating

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

Key Insights Summary

USO remains in a broad, high-momentum bullish expansion from the late-2025/early-2026 base. The weekly structure retains higher highs and higher lows, with both pivot measures in UTrend and price holding above every rising benchmark average. The recent 171.82 pivot high defines the primary overhead reference, while 145.98 is the short-term pivot-reversal level. The wide separation above the 20-, 55-, 100-, and 200-week benchmarks reflects a powerful oil-linked trend but also an extended, volatile price cycle following the sharp advance from the 65.99 area.