USO United States Oil Fund LP Weekly Chart Analysis: 2026-Nov-12 15:16 CT

Price Action

• Last: Approximately 146.00; exact black price marker not visible,
• Bars: Large,
• Mom: Fast downside momentum within a broader advance.

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 above NTZ,
• 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: 138.47, 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: 138.00 Up Trend,
• (Intermediate-Term) 55 Day: Approximately 120.48 Up Trend,
• (Long-Term) 100 Day: 95.12 Up Trend,
• (Long-Term) 200 Day: Approximately 83.62 Up Trend.

Overall Rating

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

Key Insights Summary

From a futures swing trader’s perspective, this is a sharp corrective downswing within a larger bullish structure. The retreat from 171.82 to the evolving 138.47 pivot low represents approximately 19% peak-to-trough movement, highlighting substantial weekly volatility. Price is below the falling 5- and 10-period benchmarks but remains above the rising 20-period benchmark near 138, where the evolving low creates a concentrated technical reference area. The intermediate pivot summary remains in an uptrend despite the short-term downtrend; its low-pivot component is neutral, indicating less uniform strength beneath the broader advance. The 164.77 next-pivot reversal threshold is distinct from established resistance at 171.82. Longer-term strength remains supported by rising slower benchmarks and price well above the yearly neutral zone. Weekly and monthly grids and the named recent-signal studies are not visible, so their neutral entries are placeholders rather than verified readings. No news or seasonal catalyst can be established from this chart. USO is a futures-linked fund, so its price levels are not directly interchangeable with crude-oil futures contract levels.