USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-10 07:15 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

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.