Tried a few meaningful indicators and tried to elicit the direction of the trade for 17/1/2022
rsi-stoch mtf indicator in the overbought zone and scope to move 20-30 points towards the mean of the regression line and then a downward trend likely and end at 15400
or a breakout upwards beyond the mean line.
NASDAQ has formed bullish pin bar at support with a bullish follow up candle . So, a buy trade can be taken with SL at pinbar's bottom for the target of 16269.