Siverbear:
You're right; .. most technical projections are getting rikety, .. there're invisible parameters behind it.
I think, the 44-area is a stable support; if broken maybe for short period; .. it may swing between 44 - 55 range; .. possibly need to change position every second day.
They might not afford the $25-level; .. I wonder how many tankers are floating by now! :)

Trade well!
J.