HaiKhuu Daily Report - 03/16/2026
Good morning and happy Monday! Hope you all had a wonderful weekend and are ready for what the markets have in store for us this week! $SPY thankfully is up for the first time in a while during the pre-market session, and I hope you all are ready for another continuation of confusion and volatility.
As I said earlier, markets thankfully are looking slightly better leading into the beginning of this week, but as I’ve said previously, these market conditions realistically are in a state of weakness right now, and it is for us to be hopeful and optimistic at this time.
I do not want to sugarcoat anything. On a larger scale in the markets, we are in extreme fear, have broken all of the daily technical support levels below, and are currently in a place of relative confusion. We are still getting wartime headlines, and traders are losing confidence slowly in the markets, which is obviously not ideal, but with the way the markets are trending, opportunities will present themselves.
Just make sure to practice safe risk management while attempting to trade this week, and make sure to do everything in your power to realize some gains. I’ll talk more about my game plan later on in the full report, so just make sure to check out our WEEKLY PREVIEW to prepare accordingly for a volatile week for the markets filled with Economic News!
Good luck trading this week, because we are going to need it!
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 Last Week
Last week was an extremely volatile and rather disgusting time for the overall markets. There were opportunities to trade in both directions, and anyone could have realized a significant amount of gains in an extremely short period of time. All you needed to do was simply follow the general market momentum, ride the confidence in the markets, and then just do everything in your power, at least in the short term, to realize some gains. Congrats to all of those who were able to make the most out of last week!
We started the week with $SPY trading at $666.55. Market conditions were alright to start the week as we watched $SPY quickly snap down to make a relative low trading at $662.39, before displaying general strength and watching as we started the week with a $17 rally. $SPY pumped from the bottom, going on to make a relative high testing that $680 resistance point, recovering absolutely everything that was lost in an extremely short period of time, and watched as market conditions only continued to remain volatile throughout the rest of the week.
There was a lot of intraday momentum on Tuesday and Wednesday, but honestly not much happened as $SPY continued to chop around slowly and did not display much potential in the short term, despite the generalized weakness through the beginning of the week, market conditions were alright as $SPY continued to maintain a range playing in the $680 support area, showing us weakness, but displaying enough confidence to retain that spot.
It is Thursday that things started to get a little sketchy.
On Thursday, $SPY decided to quickly gap down, and opened the day trading at $671.16, we watched as $SPY continued to dive throughout the entire day, officially ending the day with a low of the day, dropping approximately $6 in the process, and watching as everyone attempted to pick up the scraps on Friday.
Friday was a hectic fakeout as $SPY displayed significant strength early in the morning, rallying approximately $6 from the previous close, recovering the majority of the selling, but was met with instant selling again from the top. $SPY went on to make the official high of the day, trading at $672.33, before watching as $SPY sold off throughout the entire morning, went red again before the lunchtime lull, and then chopped once again, leading into the end of the day as there was consistent neutrality and selling.
We went on to officially end the week trading at $662.29, down about $4 for the entire week, or down roughly 0.6% overall.
So, what I will say about last week is that again, anyone and everyone could have generated life-changing gains. It all just came down to how you attempted to enter into any position and what you did in the process to generate as many gains as possible. For those who fought the momentum and trend, you had a difficult time; for those who were overly bullish at the bottom, and watched the rally in the markets from the top, hopefully you all were able to realize life-changing gains! So we see where the markets take us from here, and do everything we can to make the most out of these conditions.
Let’s see what the markets have in store for us today, and make the most out of these conditions!
S&P 500 Heat Map - 03/13/2026
Thoughts & Comments for Today - 03/16/2026
Today is going to be one of the most difficult, inconsistent days we’ve faced since last week. Market conditions are fearful yet optimistic; traders have lost their portfolios or have tripled them, and many people are in a state of perpetual fear. All I hear when I say all of that is that there is opportunity amongst us, and it is just a matter of capitalizing on that opportunity. That is what many will struggle with, not only today, but as a result of the volatility we are experiencing right now.
Before I go into depth in this report, I just want to remind everyone that this is the BEST time in the entire world to attempt to actively scalp and trade. I might be exaggerating slightly, I am sure there has been better times to trade, but with the way the markets are set up right now, with the way traders are riding the momentum, and the way the markets are moving, I am telling you all with 100% certainity and confidence, that this is the time for the best traders to step up and realize gains with ease.
When I say this, I do not mean that those who are gambling on 0-DTE contracts, or praying that the markets work will print, but those who have both the confidence and know-how of these market conditions, understand that opportunities are amongst us to capitalize on the fear and confusion others are experiencing, and know what to do to capitalize on that fear.
It is almost hard to remain optimistic at this time, mostly with the confusion and fear that traders are experiencing at this level, but at the same time, with the way that the markets are headed, it is difficult not to come to the realization that potential is everywhere, and that it is for you to capitalize on it.
I saw a great quote earlier this morning.
”Every unsuccessful person I know believes the game is rigged. Every successful person knows the game is rigged and learns how to play.”
That statement is extremely true; it may be clichée, but it is 100% true.
People say that the markets are rigged, and people say that it is impossible to earn money trading in the markets. While they are 100% incorrect, 99% of traders and people who attempt to follow the markets think exactly that way.
”The stock market is a scam”, “I lost all of my money,“ I don’t have enough money”, “excuses, excuses, excuses.”
All the opportunities are in the markets at the moment, and even the dumbest of people you know have the potential to make money. If you are making money in these conditions, congrats, keep it up, yet do anything you can to minimize risk, and if you are losing money in these conditions…. stop losing…. figure out what is going wrong with your trading style, and adjust accordingly to change your style and improve your performance.
It sounds as easy as it is, but reads off like you are telling a depressed person to stop being sad. But unlike a mental health issue, money can be fixed. Make the correct decisions, stop being dumb, and do something that provides value. If that is selling shiny cardboard, or simply sitting there, clicking a button on your mouse, and realizing gains. It is literally as simple as that.
So please, just tread lightly, but capitalize on these market conditions. Traders are overly fearful at this time; take advantage of the fear because the fear will result in beauty and opportunity for everyone involved. Make the most of it and have an amazing time!
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 03/16/2026 (ET):
Empire State Manufacturing Survey - 8:30 AM
Industrial Production - 9:15 AM
Capacity Utilization - 9:15 AM
Notable Earnings for 03/16/2026:
Pre-Market Earnings:
Dollar Tree (DLTR)
KE Holdings (BEKE)
Science Applications International (SAIC)
Bitcoin Depot (BTM)
VNET Group (VNET)
FORGENT PWR SOLUTION (FPS)
After Market Earnings:
W&T Offshore (WTI)
Semtech Corp (SMTC)
DocGo (DCGO)
Getty Images (GETY)
HF Foods Group (HFFG)
Summit Midstream (SMC)
Wrap up
This is going to be a beautiful week that is full of both opportunity and realized gains for many. Please make the most of it. I don’t know if YOU are going to be profitable, but I can tell you with almost 100% certainity that some traders are going to be able to realize a significant amount of gains in a short period of time. Make the most out of the conditions, realize some gains, and have an absolutely amazing time in the process!
Good luck trading, and let’s make the most out of today!