Energy: : MCX Crude Oil is trading at 4,057 levels, 2.26% above from its previous close. The black gold is likely to remain on tenterhooks as Energy Information Administration will disclose Crude Oil Inventories data that will direct the direction of the counter for next week. On hourly scale, the counter has been retraced from 50% Fibonacci ratio or Half-way point. The counter has formed an 'Island Cluster' pattern that signals for strength of the buyers. RSI s trading at 70.26 levels showing no signs of divergence and oversold. Stochastic oscillator is trading in an oversold zone.