HaiKhuu Daily Report - 03/04/2026
Good morning and happy Wednesday! Wow, hump day already, and we’ve seen not one but TWO absolutely insane rallies in the markets, and many beautiful opportunities to trade both directions. I hope you all have been making the most out of the opportunities presented to us, and are ready for today!
At the time of writing this report, $SPY is up ever so slightly and is continuing to play in this $680 magnet zone.
Leading into today, conditions are interesting as a result of the volatility we’ve seen over the previous couple of days, bringing us back to the support range that we’ve been talking about for months now. Maybe(?) the selling that occurred over the previous couple of days is finally over, but we will not know until after the reversal. Assuming we’ve already hit the bottom and reversed, it would be great to see a beautiful recovery in the markets.
Just continue to tread lightly on these volatile market conditions, and just remember that in the case we get some form of directional move, the move typically is unexpected, and will be a larger move than anticipated. Continue to minimize downside risk, but increase your general risk to generate as much profit potential as possible in these conditions.
Traders can generate life-changing gains in these conditions; it all just comes down to catching the right plays and allocating into them properly. I’ll talk more about my general market sentiment later on in the report, but for now, just sit back, relax, and enjoy what the markets have in store for us today!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $681.67
Baseline Resistance: $683.75
Psychological Support: $680
Daily Cloud Resistance: $684.99
Daily Cloud Support: $673.47
Thoughts & Comments from Yesterday - 03/03/2026
Yesterday was one of the most insane intraday movements we’ve seen this year, with opportunities for the bulls and the bears to generate a significant amount of realized gains, while anyone who was caught in the in-between had a genuinely terrible time. I hope you all were able to make the most out of the bloodshed yesterday, and realized gains, because that was one of the most insane buy-the-dip opportunities we’ve seen in a while!
We started the day with $SPY gapping down over $10, opening the day trading at $674.95. Market conditions were gross and we watched as $SPY continued to sell off after open, going on to break below the $670 support level for two seconds, testing some stops, testing traders faith, and watching as many bullish traders early in the morning who attempted to buy the dip, get their portfolios deleted, before watching as the markets reversed beautifully, and left anyone who was asleep, stopped out, or chopped out in the dust.
After making the low of the day within the first hour or so in the day, we watched as $SPY continued to rally throughout the rest of the day, watching as $SPY went green again on an intraday basis, and reclaimed the daily cloud support before the lunchtime lull, and continued to move up beautifully into the afternoon.
Leading into the back half of the afternoon, $SPY went on and made the official high of the day, trading at $682.61, before ultimately coming back down for the final hour of the day, ending the day trading at $680.33, down approximately $6 for the day, or down about 0.9% overall.
So, I am not going to say yesterday was a great day for the markets, as it was not. Everyone overall should have lost money, assuming you simply held your strong equities and rode the market momentum, but it was an absolutely insane day full of opportunities everywhere. Anyone who was short watched as they had an opportunity to capitalize on a $16 bearish move, and anyone who was bullish from the bottom could have capitalized on a $13 move from the bottom.
Hopefully again, you all were able to make the most out of the opportunities that were presented to us yesterday! I personally called out multiple buy-the-dip opportunities and reversal confirmations at the bottom, which resulted in multiple contracts ripping 300-500% in the process, so hopefully you caught those plays in the exclusive trading community and were able to realize a significant amount of gains in the process!
S&P 500 Heat Map - 03/03/2026
Thoughts & Comments for Today - 03/04/2026
Today is going to be a generally spicy day for the markets. With the way that everything has been trending over the previous couple of days, the first thing I need to say leading into open is please be careful of the volatility and irrationality we are going to experience. Many traders will have absolutely zero issues attempting to realize some gains here in the short term, but the inconsistencies in the markets are what will lead to the largest losses to occur in the shortest amount of time. I do not see a reason why traders cannot continue to remain optimistic about these conditions, but also understand the risks that are associated with attempting to trade here.
As I have said before, manage your downside risk at this time, but look to maximize your profit potential. This is going to be one of the best times to attempt to trade and attempt to take on general risk. One great phrase that I’ve used before is look to buy when there is blood in the streets, even if it’s your own blood. Yesterday was a disgusting day, but if you simply bought at the bottom and timed out your allocation properly, you could have very easily realized a significant amount of gains in the process.
So please, continue to tread lightly and practice risk management in these conditions, but do everything in your power to maximize your profits.
The easiest way to allocate with confidence is by scaling up a position that you are already comfortable with. If you want to increase your exposure, you can always average up on a WINNING play, while adjusting your stop to secure more and more profit in the process. Obviously, this is going to be easier said than done, but at the same time, with the irrationality and momentum in the markets, it is not hard to be excited.
Use this as an opportunity to buy a slight discount in the markets. I don’t know where the bottom is necessarily; it could have been yesterday, it could very easily be today, but just look for an opportunity to allocate into the markets when you have the confidence, and buy the dip. Look to trade some of these higher beta tech organizations that have been hit harder here in the short term, and take advantage of the discount.
Traders should have zero reason why they are not going to be able to realize gains with ease, just continue to follow the momentum, and you’ll be in a great spot.
I do want to warn everyone though, that despite conditions looking optimistic, we are still in this $680 magnet zone, which in reality will result in confusion, chop, and indecisiveness in the short term until we get a directional move, so hopefully that chop does not stop anyone out, and that we do not reject this level and continue to come down.
In the case that we come down, the next levels of support to keep in mind are $SPY - $675, 673, and $670, assuming we break through those three levels of support, the next major level is $660, so hope that doesn’t happen, and allocate accordingly in the case markets are starting to look overly bearish!
If I see any opportunities, or if I decide to get into any other plays, I’ll announce what I see in the HaiKhuu Discord.
My Personal Watchlist:
Note, just because something is on my watchlist does not mean it is a signal to buy or sell any equities
Watchlist:
Tech: $INTC, $RIVN , $ORCL, $NVDA, $TSLA, $AMD, $PLTR, $NFLX
Speculative: $PTLO, $AIFF, $IONQ
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B, $SNDK
Crypto: $MSTR, SOL, BTC
Economic News for 03/04/2026 (ET):
ADP Employment - 8:15 AM
Services PMI - 9:45 AM
Fed Beige Book - 2:00 PM
Notable Earnings for 03/04/2026:
Pre-Market Earnings:
Abercrombie & Fitch (ANF)
Dycom Industries (DY)
Wix.com LTD (WIX)
Stevanto (STVN)
Bath & Body Works (BBWI)
National Vision Holdings (EYE)
Real Brokerage (REAX)
Holley (HLLY)
After Market Earnings:
Broadcom (AVGO)
Veeva Systems (VEEV)
Rigetti Computing (RGTI)
Okta (OKTA)
Ooma (OOMA)
American Eagle Outfitters (AEO)
Webull (BULL)
Riley Exploration (REPX)
Cracker Barrel Old County (CBRL)
Wrap up
This is going to be a genuinely confusing time for the markets with a significant amount of volatility here in the short term, please continue to do everything in your power to realize as many gains as possible, and then continue to capitalize on the opportunities presented to us. Look to take on more exposure in these conditions and again, just maximize your gains. This should be a fun day with some confusion, so make the most of it and realize some gains!
Good luck trading and let’s print today!