HaiKhuu Daily Report - 03/20/2026
Good morning and happy Friday! Wow, this has been an insanely volatile week for the markets, and this morning is only a continuation of that volatility! $SPY is down slightly at the time of writing this report, and market conditions are looking less than ideal. The bearish confirmation of a reversal has only continued, and I hope you all are ready for another disgusting day for the overall markets.
You know that I don’t want to be overly bearish, but I just have to be realistic with both my expectations in the markets as well as what I am voicing.
The bearish TK cross under and reversal has only strengthened as $SPY has continued to drop from the top, and there is no confirmation of a reversal at this point. We are continually making new lows and still getting headlines that are heavily impacting the markets, making these conditions less than ideal.
Please continue to practice risk management and protect your bottom line as a result of the irrationality we are experiencing, but at the same time, please continue to do what you can to maximize the potential being provided to you at this time. Traders can capitalize on these conditions with ease, but the difficult part is timing your position out properly, or doing what you can to maximize your profit potential.
I’ll talk more about my general market sentiment later on in the report, but for now, just tread lightly and prepare accordingly for today!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $669.26
Baseline Resistance: $676.15
Psychological Resistance: $660
Daily Cloud Resistance: $681.16
Thoughts & Comments from Yesterday - 03/19/2026
Yesterday was an absolutely disgusting day for the overall markets. There were opportunities to scalp, but for the marge majority of the day, it was choppy, slow neutrality, confusion, and then sudden wartime news headlines. I hope you all were able to capitalize on the opportunities in the conditions yesterday, and realize some gains during the confusion!
We started the day with $SPY having a tough time. We closed the previous day trading at $661, and opened the day at $657.00. Market conditions thankfully moved up slightly after open as we made a relative high, breaking just above $658, and essentially chopped between $658 and $656 throughout the entire day.
We remained within those $2 for the entire morning, we were within that range during lunch, and we were within that range in the early afternoon.
Markets were in a disgusting and tight consolidation, which ultimately ended up killing many traders who were either chopped around throughout the day, or, realistically, watched as theta burned a bunch of 0-DTE traders. Everything in the markets leading up to power hour was relatively disgusting and provided us with no great momentum or opportunity.
Then, power hour happened. We got war time news, and as a result of that, the markets ripped up beautifully from the bottom, $SPY went green officially for the day, and made the official high of the day trading at $662.98, before coming back down into clsoe, where we officially ended the day with $SPY trading at $659.80, down just shy of $2, or down roughly 0.25% overall.
I am not saying that the market conditions of yesterday were necessarily perfect or beautiful, but they provided us with opportunities to trade and realize some gains. Hopefully, you all were able to make the most out of the volatility and confusion, and are excited about what the markets have in store for us today!
S&P 500 Heat Map - 03/19/2026
Thoughts & Comments for Today - 03/20/2026
I am warning you all leading into today. With the volatility we are experiencing and the bearish momentum in the markets, you all should be scared and nervous to see what the markets have in store for us today. We are down during the pre-market session, and conditions are looking absolutely disgusting. There is no confirmation of a reversal of this bearish trend in the markets, and until we get a catalyst that causes a larger-scale reversal and a return of confidence in the markets, I genuinely believe that we will continue to come down. I’ve been saying this now for a while, and I need to bring into scale the reality of the selling.
Before I go deeper into the report, I need to remind you all that this is not a signal to buy or sell any positions, these are MY personal thoughts on the markets, I cannot guarentee anything that is said, nor am I attempting to get you to be bearish. I want to be bullish and optimistic. I want this to become a buy-the-dip opportunity. But the thing that people forget is the blood and pain that is necessary before we see that buy the dip opportunity get presented to us.
So please, tread extremely lightly on these market conditions, remain hopeful and optimistic, but be realistic with yourself and your expectations.
On the daily charts for $SPY, we are still seeing bearish strength. The bearish confirmation of a reversal has only continued to strengthen as we’ve broken all previous levels of technical support below, and are now in the beginning phases of larger-scale selling. This is not ideal, and as I have said before, I genuinely believe that we will only continue to slowly come down until we have a catalyst for a strong bullish reversal that provides solvency, buying, and confidence needed for the markets. Until we get that injection, the markets can, and most likely will, remain volatile, with a hint of bearish momentum.
There will be opportunities to trade bull side intraday, and we may get a couple of days of green in the markets, but with wartime headlines only starting to play a role, it will be interesting to see where the markets take us from here.
This all will hopefully become a beautiful buy-the-dip opportunity in the markets, but currently, it is extremely difficult and inconsistent to navigate. You need to make sure you are not losing your portfolios to the short-term volatility, and make sure you have the solvency to hold through this period of time.
The strongest traders and the most liquid traders are going to be the ones who will make the most $, while the ones who are buying into these highly overpriced equities are the ones who are ultimately the ones that are providing the solvency and will be bag-holding at the top.
$SPY is only down approximately 5% from the top, to put it in perspective, the amount of selling that has occurred. We are not in bear market territory yet. For that to occur, $SPY needs to be trading at approximately $560~, meaning we have another $90 points we can fall from the top before that becomes a reality. Tread lightly and remain hopeful.
These conditions are going to be tough, and will only continue to remain tough until the day that these conditions are beautiful. That day will come by surprise, the markets will move up suddenly, and everything will be fine, but until that day comes, please remain extremely cautious.
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 03/20/2026 (ET):
Employment Cost Index - 8:30 AM
Notable Earnings for 03/20/2026:
Pre-Market Earnings:
XPeng (XPEV)
Wrap up
This has been an extremely volatile week for the markets with opportunities to change lives. The volatility and irrationality of the markets have been difficult to navigate for many, but just remember that as much as it was difficult for you, it does not mean that it is the case for all. Many have absolutely printed this week and I want to say congrats to anyone and everyone who has made the most out of these conditions.
Let’s see what the markets have in store for us and make the most out of this volatility.
Good luck trading and let’s end this week strong!