HaiKhuu Daily Report - 03/19/2026
Good morning and happy Thursday! Wow. $SPY has sold off, market conditions are less than ideal, and man, are we in for a world of hurt. $SPY has broken ANOTHER major support level on the daily, and everything we’ve said about a confirmation of a bearish reversal has become true.
I hope you all are ready for today, because this is going to be an interesting and extremely irrational day for the markets. With the way everything is trending, please protect your bottom line. $SPY is testing the $660 support level. Assuming that $SPY breaks this level, we can easily continue to tumble.
Go into today hoping for the best, but expecting the worst. Many traders are going to have a rather disgusting time as they consistently generate losses in the short term, while others are going to have genuinely zero issues realizing some life-changing gains today.
Pray that the markets recover and rally from this point, because if this selling continues, conditions will worsen quicker than anyone expects.
I’ll talk more about my general market sentiment later on in the full report, but for now….
Tread lightly, practice risk management, and protect your bottom line.
Many traders need to hear that going into today, so be rational, and make the most out of the market conditions today!
AS A SIDE NOTE - WE ARE HOSTING A $100,000 PERFECT BRACKET CHALLENGE - IF ANYONE WOULD LIKE TO JOIN OUR MARCH MADNESS BRACKET, TODAY IS YOUR FINAL CHANCE
JOIN THE BRACKET HERE
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $673.44
Baseline Resistance: $679.25
Psychological Resistance: $680
Daily Cloud Resistance: $674.35
Thoughts & Comments from Yesterday - 03/18/2026
Yesterday was an absolutely disgusting day for the markets. The bears could have very easily printed, and we tried to warn you about the volatility. Some traders had some fun while others, unfortunately, got burned in the process. Hopefully, you all were able to realize some gains capitalizing on the bear side and were able to survive that brutality.
Markets were looking amazing at pre-market open, $SPY was up and looking beautiful, but about an hour or two before open, we watched as $SPY dropped from the top, and opened the day red, trading at $668.29. Market conditions at open were relatively weak, and we watched as $SPY chopped at that level, rejected $670, and had an extremely slow, choppy, and uneventful morning.
$SPY dropped throughout the morning, chopped into the lunchtime lull, and provided us with a couple of small scalping opportunities. No one could have realized anything of significant gains during the slow momentum, but things started to pick up as traders prepared for FOMC. $SPY started to pick up volatility leading into 2 pm EST, where the rates remained unchanged, and $SPY essentially chopped around, moving up slightly, but not really deciding anything.
Things only started to sell off once Jerome Powell took the stage. $SPY then went from trading around $667 to selling off and continually making new lows of the day, leading into close, where $SPY made the official low of the day at $661.23, before officially ending the day at $661.43, down $9.36 for the day, or down roughly 1.5% overall.
Many traders got absolutely abused while attempting to trade yesterday. Anyone who attempted to scalp or buy the dip got sliced, anyone who tried to fight the momentum got sliced, and anyone who attempted to trade the incorrect 0-DTEs got sliced. So, hopefully you all were able to come out of yesterday relatively unscathed and were able to realize a significant amount of gains. Let’s see what the markets have in store for us, and have an amazing time!
S&P 500 Heat Map - 03/18/2026
Thoughts & Comments for Today - 03/19/2026
Today is going to be a continuation of the spicy market momentum we’ve seen over the previous couple of trading days. $SPY is back at the $660 support level, and these conditions are looking RUTHLESS. Hopefully, you all are ready for what is going to be another extremely volatile time, and are ready for what could be a very real continuation of bearish momentum.
As I have done over the previous couple of reports, before I get more in-depth about anything, I just want to make more comments about these market conditions.
As warned, these market conditions have become very bearish in an extremely short period of time. As much as I want to be overly bullish and optimistic, I need to continue to warn you all that we are seeing an official confirmation of a bearish reversal strengthen in real time, and these conditions can easily become worse, assuming that we break below these levels of support. The next major levels of psychological support are $SPY 660, 650, 640, 620, and 600. Some of those levels are more significant than others, but those are magnet points that the markets like sticking towards.
So, I am not saying we are going to watch as $SPY goes on and hits $600 today, but just know that assuming that the bearish momentum continues, that is realistically the next support levels to watch.
I will voice that I am worried about the continuation of general selling in the markets. I do not believe that there is enough justification at the moment for the selling to occur, but at the same time, the markets genuinely do not care what I personally think and will act accordingly.
If this selling does continue, and assuming we continue to have war headlines, my worry is that we are going to see a selling event like 2022.
Again, I am not saying we are going to watch as the entire global economy collapses in front of our eyes, but realistically, until there is a catalyst or reason for the markets to move up, or justification for a breakout from this selling, I do need to voice and warn that the markets at this point are BEARISH.
It would be great in the case that the markets showed us the strength and confidence necessary for us to be hyper bullish and yelling about buying the dip, but these market conditions, as bad as this sounds right now, despite us being in extreme fear and experiencing a lot of pain, are not the worst. Things can worsen extremely quickly, traders can absolutely lose everything, and then some, before the markets recover.
Just remember - The markets can act irrational longer than you have solvency.
But, in good news, I will say that once we do decide to bounce in the markets, any bounce that happens will be extremely quick, sudden, and unexpected. That is obviously going to be hard to catch, but I can promise you once we get a single headline that is in our favor about the war conditions, the markets will recover beautifully, and all of the short term selling fears will be squished, and we all get to move on, but until that time, just please, tread lightly and be careful.
For those who’ve been around long enough, you’ve now heard me go from hyper bull, to minor bull, to skeptical bull, to skeptical bear, to officially bearish. This is never a fun time, and let’s hope that I am wrong on my bearish sentiment going into these market conditions!
Please just follow the general market momentum, do not fight any trends, and do everything in your power to practice safe risk management!!!
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 03/19/2026 (ET):
Initial Jobless Claims - 8:30 AM
Philadelphia Fed Manufacturing Survey - 8:30 AM
Wholesale Inventories - 10:00 AM
New Home Sales - 10:00 AM
Notable Earnings for 03/19/2026:
Pre-Market Earnings:
Alibaba Group Holding (BABA)
Accenture (ACN)
Arcos Dorados (ACRO)
Canadian Solar (CSIQ)
Darden Restaurants (DRI)
Signet Jewelers (SIG)
Accelerant (ARX)
Titan Machinery (TITN)
After Market Earnings:
FedEx (FDX)
Planet Labs (PL)
Torrid Holdings (CURV)
Gemini Space Station (GEMI)
Scholastic (SCHL)
Wrap up
This is going to be an extremely sketchy day for the overall markets. Let’s hope that $SPY is able to retain this level and move up, because in the case that we continue to come down, that is not going to be a great sign, as $SPY has already broken through all of the technical support levels we are watching, as well as many of the psychological support levels on the way down. It will be disgusting seeing where the markets take us today, so please make the most of these conditions, and let’s have some fun today.
Good luck trading, and let’s see where $SPY goes!