Breaking out 47.8 will reject the market, with 49.39 as an objective, and 48.38 as a primary objective.
On a daily scale, Oil is heading to Breakout its in Orange, which will send it south towards 44 .4, with 45.43 as a primary objective. Oil will have 46.84 as a daily resistance, which breaking out will send it up to re-visit 47.5.
The daily is around 46.47. The daily support levels are around 45.46 and 44 .83. The daily resistance levels are around 47.1 and 48.11.