HaiKhuu Daily Report - 03/11/2026
Good morning and happy Wednesday! Wow, this week has been flying by, and I hope that you all have made the most of this confusion and volatility! Markets have somehow remained below the same major levels of resistance we’ve seen over the previous couple of days.
Hopefully, the markets can break through these resistance levels and continue to move up!
But we are back at the major resistance points on the daily, and it appears that there is a war between bulls and bears happening at this time. Please continue to tread lightly on these wartime market conditions, as we will experience elevated volatility, but just remember that those who attempt to allocate in these market conditions, and allocate properly, should have zero issues realizing significant gains.
I am watching these market conditions currently and am concerned with the movements we’ve seen over the previous week, as there has been so much movement, yet larger-scale volatility, making trading extremely inconsistent, so please, just be smart and safe while attempting to trade, and capitalize on this confusion!
We will have an amazing day attempting to trade; it all just becomes a matter of whether there is enough solvency for us to continue to capitalize on these conditions, and whether there is the confidence for us to break out. I wish I could give you the answers youre looking for, but with the indecision and inconsistencies in the markets, just know that your predictions will be as mine for the direction today!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $677.85
Baseline Resistance: $679.76
Psychological Resistance: $680
Daily Cloud Resistance: $687.21
Daily Cloud Support: $674.35
Thoughts & Comments from Yesterday - 03/10/2026
Yesterday was a fun and volatile day for the markets, and I am so happy that traders were able to realize a significant amount of gains despite the market conditions being less than optimal and extremely inconsistent. Opportunities were there to trade in both directions, both to the upside and downside, and it was honestly amazing watching as we nailed the perfect bottom.
We started the day with $SPY opening slightly red for the day, opening at $677.74. Market conditions at open were not ideal, and we watched as $SPY continued to drop right after open, showing relative weakness and less-than-ideal conditions. We watched as the bearish momentum continued to build early in the morning, and watched as $SPY continued to make lows of the day.
This is where the tinfoil hat theories started to work, when we were joking around about grabbing some $SPY $675 calls right above $675, I jokingly said to wait until the $675 went out of the money, and to buy them at $674.80…. well the official low of the day was $674.76, and then we watched as the markets rallied beautifully from the bottom and displayed more strength in the process.
Within the hour, $SPY officially went green again for the day, and was trending around $681 leading into the lunchtime lull. During that time, market conditions were less than ideal as there was extreme neutrality and chop during that lull, but I watched as the markets picked up once again, leading into the afternoon. $SPY went on to make the official high of the day, trading at $683.36, and looked amazing, before we watched as war news caused the markets to tank once again.
$SPY went into free fall from the top, going black again for the day towards the back half of the afternoon, bouncing slightly after the selling occurred, only to sell off once again leading into close, where we officially ended the day with $SPY trading at $677.18, down approximately $1 for the day, or down 0.16% overall.
So market conditions yesterday, overall, did not do that much, nor did it provide us with that much opportunity, but thankfully, on an intraday basis, we were able to call out many great opportunities to scalp and trade, and man, oh man, was that a volatile and interesting time for the markets. I hope you all printed and were able to realize a significant amount of gains in the process! Congrats to all who held $ORCL shares through earnings and are enjoying that bullish momentum now!
S&P 500 Heat Map - 03/10/2026
Thoughts & Comments for Today - 03/11/2026
Today will be another spicy day for the markets. With the volatility we are experiencing right now, it is almost impossible not to expect that today is not going to be another volatile day, with opportunities presented to us left and right. Please continue to practice safe risk management, but at the same time, hope for the best with the current wartime headlines. As much as we want some confidence and confirmation that the markets are going to go a certain way, the reality of the situation is that everything comes down to what is being said at any given time.
If the markets see headlines that we are going to love, we will move up accordingly.
If the markets see a headline we don’t like…. well…. that won’t be a great time.
So please, go into today making sure that you are protecting your bottom line during times like this.
But the beautiful thing about the selling that has occurred and the fear some people are feeling is that, as a result of these conditions, we are going to see more short-term volatility and opportunities to allocate. Many organizations in the markets have been trading at a discount, and as a result of that, when the markets decide to move up, or the organization gets some positive news, we get to see a beautiful bullish movement as a result. Look at $ORCL for example. With the volatility that we are experiencing with $ORCL, the organization was heavily oversold, and at the time of writing this report, is trading +10% at the moment.
So, I am not saying that you should attempt to FOMO in and buy $ORCL at this level. I am not saying that you should necessarily go extremely deep in any specific position, but with the confusion and volatility that traders should experience, it is almost going to be hard not to want to be optimistic and find the deals in the markets.
We have seen elevated volatility behind all computer component producers recently, so if you are looking to find some organizations with volatility, look at either semiconductors or computer hardware as a sector to allocate towards. Some of the best performers yesterday came from this sector.
Just remember to be careful and cautious, though, because all of those organizations are grossly overpriced on a larger scale, but provide us with opportunities to scalp and trade them here in the short term with the volatility we are experiencing.
Go into today with the mindset that we are going to see irrational volatility that will be hard to capitalize on, but assuming that the conditions remain favorable, that traders are going to have the opportunity to capitalize on conditions with ease. Please, tread lightly, practice safe risk management, and just do everything in your power to have some fun. There is absolutely zero reason why traders cannot continue to realize gains despite the confusion traders are experiencing right now.
Hopefully, you all are able to continue to capitalize on this strength in the markets, and hopefully, we see a major breakout.
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: $ORCL, $NVDA, $TSLA, $NFLX, $INTC, $RIVN, $AMD
Speculative: $PTLO, $AIFF, $IONQ
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 03/11/2026 (ET):
Consumer Price Index - 8:30 AM
Core CPI - 8:30 AM
Monthly U.S. Federal Budget - 2:00 PM
Notable Earnings for 03/11/2026:
Pre-Market Earnings:
Campbell Soup (CPB)
Sprinklr (CXM)
Broadwind Energy (BWEN)
ATRenew (RERE)
Smith Douglas Homes (SDHC)
After Market Earnings:
UiPath (PATH)
Stitch Fix (SFIX)
Bumble (BMBL)
Descartes Systems (DSGX)
Petco Health and Wellness (WOOF)
Guardian Pharmacy Service (GRDN)
Wrap up
Honestly, just go into today with a lot of hope and optimism. I don’t want to be bearish or pessimistic, but all we need is one thing to go against us to come down. We are at daily resistance points, and are trading during wartime, so anything can happen all at once, so just tread lightly, mitigate as much risk as possible, and capitalize on these conditions. I am excited to see where the markets take us, so let’s find out together!
Good luck trading, and enjoy this beautiful day!