USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-11 07:16 CT

Price Action

• Last: 141.82,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Nov

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 138.47,
• 4. Pvt. Next: Pvt high 164.77,
• 5. Levels R: 171.82,
• 6. Levels S: 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: 138.72 Up Trend,
• (Intermediate-Term) 55 Day: 120.00 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 long-term advance, trading materially above the rising 20-, 55-, 100-, and 200-week benchmarks and well above the 2026 yearly F0%/NTZ area. The weekly structure has shifted into a sharp counter-trend pullback after rejection from the 171.82 pivot resistance, producing a DTrend in the short-term pivot measure and fast downside momentum. The intermediate HiLo structure remains UTrend, with the 138.47 evolving pivot low and rising 20-week benchmark defining the immediate structural area beneath price. The recent decline resembles a high-volatility retracement within the larger advance rather than a completed intermediate trend reversal; a renewed pivot high requires recovery through 164.77, while 102.42 remains the major visible swing support below the current range.