
USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-10 07:15 CT
Price Action
- Last: 141.82,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- WSFG Trend: Uptrend.
MSFG Month Nov
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- MSFG Trend: Uptrend.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- YSFG Trend: Uptrend.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 139.44,
- 4. Pvt. Next: Pvt high 165.72,
- 5. Levels R: 171.82,
- 6. Levels S: 139.44, 102.42, 65.99, 60.67, 60.02.
Weekly Benchmarks
- (Short-Term) 5 Day: 159.35 Down Trend,
- (Short-Term) 10 Day: 154.31 Down Trend,
- (Intermediate-Term) 20 Day: 138.?? Up Trend,
- (Intermediate-Term) 55 Day: 120.?? Up Trend,
- (Long-Term) 100 Day: 95.12 Up Trend,
- (Long-Term) 200 Day: 78.82 Up Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
USO remains in a powerful longer-term expansion phase well above its yearly F0%/NTZ area and above the rising 20, 55, 100, and 200-week benchmarks. From a futures swing-trader perspective, the immediate structure is a fast countertrend liquidation: the weekly pivot has shifted to DTrend, price is below the declining 5- and 10-week benchmarks, and the recent swing high near 171.82 was rejected sharply. The 139.44 pivot low is the defining near-term support and aligns closely with the rising 20-week benchmark; intermediate structure remains constructive while that higher-low area holds. A recovery through the short-term averages would characterize the decline as a retracement within the broader uptrend, while sustained trade below 139.44 would expose the much deeper 102.42 support zone.
Chart Analysis ATS AI Generated: 2026-11-10 07:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.