HaiKhuu Daily Report - 03/13/2026
Good morning and happy Friday. Market conditions are still disgusting, and this has been an extremely tough week for the markets. I hope you all are ready for today, as we are either going to see a continuation of this bearish trend or a beautiful buy-the-dip opportunity.
I am not going to lie to you and tell you that we are overly certain of either direction in the short term, but we are in a place where traders should remain extremely skeptical, but hopeful for what the markets have in store for us. Any time there is selling in the markets, the volatility and irrationality provide us with opportunity. The difficult part is timing out the proper allocation and enjoying the process.
Markets are continuing to show weakness on a larger scale. We can easily break out and display any form of strength or confidence, but at the same time, many are going to experience extreme difficulties as a result of this inconsistency in the markets.
I’ve said this before, bear side allocations are on the table, and quick day trades and scalps will provide you with the most consistency at this time. I’ll talk more about our game plan later on in the report, but for now, just tread lightly, protect your bottom line, and see where the markets take us today!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $675.50
Baseline Resistance: $679.76
Psychological Resistance: $680
Daily Cloud Resistance: $674.35
Thoughts & Comments from Yesterday - 03/12/2026
Yesterday was honestly a slow and disgusting day for the markets. The bearish trend that we’ve been talking about continued as conditions remained slow, choppy, and weak throughout the entire day. Market conditions were less than ideal and provided almost no opportunities to capitalize on with any form of confidence. Hopefully, some of you were able to come out of yesterday relatively unscathed, but with the difficulties and bloodshed experienced, I am sure that was unfortunately not the case!
We started yesterday with the markets gapping down, breaking below all of the daily technical support levels, and officially opening the day with $SPY trading at $671.18. $SPY was down approximately $5 from the previous close, and watched as for the entirety of the morning, we slowly sold off and continued to make new lows of the day. The selling was not substantial, but we watched as $SPY sold off approximately $4 throughout the morning.
The markets popped up slightly at least going into the lunchtime lull, where $SPY went back to test the $670 resistance, but continued to remain in an extremely neutral point with absolutely zero true movement. Anyone who attempted to scalp between the lull and 2 PM watched as we simply chopped in a narrow range, just slowly watching as markets burned.
Leading into the back half of the trading day, the markets wern’t great, we continued to slowly sell off leading into close, but showed a sign of hope leading into power hour as $SPY did move back up slightly, before watching as within the final half hour, $SPY sold off again, and we continued to make new lows of the day leading into close, where within the final minute of the day, $SPY made the official low of the day at $665.91, before bouncing back up to $666.06 to officially end the day down approximately $10, or down about 1.5% overall.
I will say that yesterday was a gross and relatively uneventful day. The traders who had bear side exposure were able to capitalize on the conditions, I would not say with “ease” but at least able to capitalize on the conditions, and hopefully anyone who was attempting to trade was able to minimize losses. Hopefully, market conditions are better today, but we will see what happens after markets open, so let’s see where the markets take us!
S&P 500 Heat Map - 03/12/2026
Thoughts & Comments for Today - 03/13/2026
Today is going to be a confusing day for the general markets. I want to be bullish and overly optimistic, but with the way the markets are trending at this point, things are not looking the best.
$SPY has broken below all levels of major support, we are still getting wartime news headlines, and conditions have only continued to remain volatile. We saw consistent selling through yesterday despite the selling, which shows that the bears are currently winning this battle, and I genuinely hope that conditions do not worsen throughout today. With the way the markets are moving at this point, again, I want to be optimistic and excited, but conditions are displaying weakness.
In the case that the markets sell off, there are going to be a couple of minor psychological levels below where we currently are trending, including $SPY $662 and $SPY $660. So if the markets sell off, those are two levels that you should try to keep in mind before attempting to allocate.
Just remember that when the markets are slow, choppy, and neutral, the majority of traders will have general difficulties remaining solvent and profitable. It is key to your success in the markets to make sure that you are not only solvent but that you are able to capitalize on these conditions.
My recommendation until we get any sort of confirmation of a reversal and any form of confidence is to tighten up your timeframe while attempting to trade. Go into any position with the mindset that you are allocating here in the short term for a scalp, and in the case that scalp works out and provides you with a cushion, to then go on and continue to adjust your stop in profit, and let that scalp trade become a day trade.
Be careful attempting to allocate anything with the intention of holding either direction today, because my general worry is the short-term volatility and neutrality killing either your position by chopping and stopping you out, or watch as theta burns you as the premium is extremely expensive at the moment.
Again, bearish allocations are back on the table. I hope every bear is wrong in these conditions and that we see a beautiful rally back towards the upside, and push new all-time highs again, but with the news that we are experiencing, with the selling that has occurred, and the placement of $SPY on the daily charts, it is almost hard to be overly optimistic at this point. Everyone should be skeptical of these conditions, mostly knowing that at any moment, DJT can make a single statement and cause the markets to move irrationally in either direction.
Keep your fists up, tread lightly, and do everything in your power to remain consistent, protect your bottom line, and most of all, realize gains! This will hopefully be another quick day for the markets, so let’s have some fun, let’s realize some gains, and see where the markets take us today!
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
Speculative: $PTLO, $RIVN, $CVX
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 03/13/2026 (ET):
GDP - 8:30 AM
Personal Income - 8:30 AM
Personal Spending - 8:30 AM
Core PCE Index - 8:30 AM
Durable Goods Orders - 8:30 AM
Job Opening - 10:00 AM
Consumer Sentiment - 10:00 AM
Notable Earnings for 03/13/2026:
Pre-Market Earnings:
Better Home & Finance (BETR)
Wrap up
Hopefully, this is a better day for the markets that provide us with more solvency and opportunity. These market conditions are weak, so we will see where they take us. Ideally, the selling stops, but with the momentum and pressure in the markets, please just make sure to tread lightly, practice risk management, and protect your bottom line. Traders are going to have a fun time attempting to make the most out of today, so realize some gains and have an amazing time!
Good luck trading, and let’s see where $SPY takes us!