HaiKhuu Daily Report - 03/17/2026

Good morning and happy Tuesday! Man, these conditions are SPICY. Markets are down slightly at the time of writing this report, and realistically, we are neutral going into today. With the confusion and difficulties that we’ve experienced over the previous couple of weeks, as expected, I am not assuming that any of it is going to stop here in the short term. 

We are starting to see strengthening in alternative assets, signifying that people are slowly moving their investments away from equities and are allocating those funds into things like cryptocurrencies and collectibles. This is not necessarily a bad sign, but it does mean that people are selling their stocks due to either pricing or general market fears, and putting that capital into other assets that they are more confident in. 

Please, just continue to tread lightly on these market conditions. I want to be optimistic and hope for the best as the markets continue to move up accordingly, but at the same time, with the weakness we are experiencing, it is almost hard not to remain realistic with our expectations. So just remember that $SPY has broken below all major levels of support on the daily, and that realistically, I expect us to continue to have a slow bleed until we have a day of overly bullish momentum that resets the selling sentiment in the markets. 

Tread lightly on the market conditions today, practice safe risk management, and just look to maximize your profit potential! 

This will be a fun day for the markets, so let’s make the most of it! 

The updated $SPY daily levels are as follows:
Conversion Line Resistance: $674.23
Baseline Resistance: $679.25
Psychological Resistance: $680
Daily Cloud Resistance: $674.35

Thoughts & Comments from Yesterday - 03/16/2026

Yesterday was a beautiful day for the markets, which provided difficulty and opportunity for everyone. Hopefully, you all were able to capitalize on the momentum and confusion of the markets and were able to realize a significant amount of gains in an extremely short period of time! Market conditions were less than ideal on an intraday basis as momentum was inconsistent and choppy, but for those holding strong single-name organizations, you should have realized some gains!

We started yesterday with $SPY trading at $668.45. Market conditions were strong at open, and we watched as the markets only continued to rally through the morning and displayed strength. $SPY went on to make a relative high trading around $671, before ultimately coming down and remaining relatively consistent through the rest of the day. $SPY continued to make lower highs and lower lows in the process, leading into the lunchtime lull, where $SPY officially made the low of the day at $667.13.

Conditions at the bottom were difficult, but we still watched as $SPY was up roughly 1% at that point, so despite how difficult those conditions were, it was still a beautiful day.

Leading into the afternoon, the markets did display more confidence in the process as we slowly trended up, and then, leading into power hour, we watched as $SPY recovered to test the $670 resistance point.

At that level, conditions were tougher as $SPY slowed down, but then suddenly, we got news from $NVDA stating they expect over $1T in orders for their newest chips, resulting in the markets rallying and watched as $SPY made the official high of the day at $672 before coming down quickly and selling off into close.

We officially ended the day with $SPY trading at $669.03, up approximately $7 for the day, or up roughly 1% overall. So, I am not going to say that the market conditions were “perfect” or “ideal,” but at the same time, with the confusion and difficulty that was provided throughout the day, opportunities were amongst us, and if you simply just held some strong positions and retained your exposure, you had a lot of fun.

Hopefully, market conditions strengthen soon, or at least find a direction they want to head, and then we can capitalize on the conditions afterward. So let’s see what the markets have in store for us today and realize some gains!

S&P 500 Heat Map - 03/16/2026

Thoughts & Comments for Today - 03/17/2026

Today is going to be a continuation of the spicy confusion we’ve seen over the previous couple of days. With the way the markets are moving, we are still below the daily support levels, still getting headlines about the war, and seeing general weakness. We saw a slight bullish movement up in the markets yesterday, which obviously is a great sign, but again, I need to warn you all about the weakness in the current markets. 

Before I get into this, I want to say that I am not overly bearish nor hope that the markets collapse in the short term, but am just saying exactly what the technical analysis is saying about the markets. I might be wrong, I might be right, this all could possibly be just one massive fake out for all we know, but just know, with the way the markets are moving, I am not overly optimistic nor overly bullish. 

We are seeing a continuation of weakness as $SPY has continued to maintain the momentum and volatility we’ve seen over the previous couple of weeks. There is a consistent opportunity for traders to allocate into the markets, and some beautiful buy-the-dip opportunities, but with the current state of the markets and the fact that we are still getting wartime headlines, conditions are going to be extremely sketchy to navigate, and traders should continue to remain cautious. 

As I’ve said previously, $SPY can easily drop to the next levels of psychological support before moving up. I obviously hope that does not happen, but it is a very real possibility, mostly with the way the markets are trending. All we need is a single headline to cause the markets to dump, and assuming that happens, then it will be an unfortunate time for anyone involved. 

So please, tread lightly, practice risk management, and make the most of this volatile irrationality. 

I will say that anytime there is selling in the markets, that opportunity will present itself. We saw a beautiful rally in the markets yestrerday, which was amazing, mostly if you are actively buying the dips, but just know that one of these days in the near future, once we see headlines that the war is slowing down, that global tensions have eased, or people are just generally more confident about the current market conditions, that we realistically are going to see a beautiful and sudden rally up that we don’t expect.

One thing that is sketchy that we need to seriously consider in this space is the fact that we are seeing more allocations in the alternative asset market. This specifically looks at cryptocurrency spending and collectible trading cards. Obviously, correlation does not mean causation, but one thing that I have noticed heavily over the previous couple of weeks is that we are seeing generally less spending by the lower income on equities and investments, and purchasing more “alt” assets like cryptocurrencies and Pokémon cards (unironically). This is a signal of fear and lack of confidence in general equities. This is not a good thing, as that means that fewer people are allocating into the markets, which results in less buying demand, meaning when any selling DOES occur, that it will be oversold due to the lack of liquidity, which ultimately will hurt people significantly on the way down, but provide some insane buy-the-dip opportunities when the markets are oversold. 

So just capitalize on the fear that we are seeing in the markets and hope that it is all over soon. Under the assumption that things end relatively quickly, we will be fine, just worry again about the short-term fears that the large majority of traders are experiencing at this point. 

Please be smart, practice risk management, and remain liquid through 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 03/17/2026 (ET):

• Pending Home Sales - 10:00 AM

• Home Builder Confidence Index - 10:00 AM

Notable Earnings for 03/17/2026:

Pre-Market Earnings:

• Atour Lifestyle Holdings (ATAT)

• Tencent Music (TME)

• Abeona Therapeutics (ABEO)

• Academy Sports and Outdoor (ASO)

• Elbit Systems (ESLT)

• GDS Holdings (GDS)

• HUYA (HUYA)

After Market Earnings:

• Oklo (OKLO)

• Lululemon Athletica (LULU)

• DocuSign (DOCU)

• HealthEquity (HQY)

• Brazil Fast Food (BOBS)

• ZTO Express (ZTO)

• Qifu Technology (QFIN)

Wrap up

This is going to be an interesting time for the markets. Hopefully, conditions strengthen, and we continue to trend up towards the previous resistance levels, but please, tread extremely lightly, make sure to practice safe risk management, and look to realize as many gains as possible. Let’s make the most out of today, and see where the markets ultimately end up taking us! 

Good luck trading!