Recently bullish sentiment outweighs bearish sentiment.

1. The hourly chart of NASDAQ shows MA50 and MA60 about to reverse, currently bullish sentiment outweighs bearish. 2. If NASDAQ stabilizes at current levels today, daily MACD will form a golden cross, but note it's underwater. Not a reversal yet, still considered a rebound. 3. This week's tariff exemption for chips and big tech may lead to a NASDAQ rally. But NASDAQ strength doesn't mean overall market strength. Key is still SPX, resistance at 5400/5470, support at 5230/5264. 4. NASDAQ sees repeated battles around 17000 - if holds, potential 800-1000 point upside remains, with key resistance at March 25 candlestick. 5. Recent trading strategy should be small position attempts at bottom-fishing with strict stop-loss. Until major trend emerges, avoid heavy positions whether long or short.