HaiKhuu Daily Report - 03/23/2026
Good morning and happy Monday! We’ve survived another weekend and are all back here for another wonderful day in paradise. The pre-market session is absolutely INSANE with the markets rallying beautifully during the pre-market session on wartime headlines.
Whoa, it is kind of funny how the report that Allen spends a LOT of time on every day is written for a reason, and that I’ve somehow survived almost 10 consecutive years of full-time trading in the markets.
Well, these market conditions were sketchy, but with the headline that the war is going to be a temporary pause on the war, markets have absolutely ripped back up from the bottom, reclaimed minor support levels, and now we get to play the fun game of confusion.
The markets are going to act stupidly irrational and inconsistent today, so please tread extremely lightly on these conditions, and make sure that you are practicing safe risk management in the process!
I’ll talk more later on in the report about my thoughts on these conditions and how we can adjust our strategies in real time, but for now, just make sure to check out the WEEKLY PREVIEW, and prepare accordingly for this week!
Good luck trading today, and let’s see what magic the markets have in store for us!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $664.04
Baseline Resistance: $670.04
Psychological Resistance: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from Last Week
Market conditions last week were absolutely disgusting as traders got decimated, and the bears finally got their shot. General market momentum was bearish and bloody, but I am proud to say that we at least attempted to warn you about the risks. Hopefully, some of you were listening and were able to minimize losses and capitalize on the bear side, because I am being completely serious when I say this, lives could have easily been changed trading last week.
We started the week with $SPY trading at $668.33. Market conditions were mildly bearish as a result of the war headlines, and we fully expected market conditions to weaken. The slipped through Monday yet remained extremely neutral and consistent, and the same was said about the slight bull move, which was followed by bearish neutrality on Tuesday.
The volatility started to impact the markets on Wednesday. That is when the markets started to drop heavily, and that is where traders started to lose.
We started Wednesday with $SPY trading at $668.36, so essentially black from open for the week, and watched as through the day $SPY dropped quickly after FOMC, and watched as $SPY made a new low, testing $660 for the first time, making the official low of the day trading at $661.19. The drop on Wednesday was gross and was worse as $SPY gapped down on Thursday, faking out many more traders, before selling off once again on Friday.
On Friday, we started the day with $SPY trading at $656.51, the lowest open of the entire year. Conditions were weak from the get-go as we made the official high of the day right after open, and watched as $SPY only continued to fall throughout the entire morning. Market conditions were brutal, traders were getting smoked, and anyone who attempted to force a trade, buy the dip, or fight the momentum got absolutely steamrolled.
I would say that Friday was one of the worst trading days I’ve seen this entire year.
$SPY sold off from open, all the way into close, consistently making new lows of the day, and absolutely destroying traders in the process. In the final half hour of the day, $SPY started to display more opportunity to buy the dip, and we finally got our chance. $SPY went on to make the new low of the day, low of the week, and 2026 low, trading at $644.73 before bouncing back up approximately $4 into close.
We ended the week with $SPY trading at $648.57, down $20 for the week, or down roughly 3%.
The selling we experienced last week was absolutely disgusting, but it is just a part of life and these conditions. Hopefully, you all were able to capitalize on the volatility that we all were experiencing and made the most out of the irrationality. Traders could have genuinely changed their lives attempting to trade last week, and we provided many great trades. So hey, let’s see what the markets have in store for us this week, and enjoy these beautiful market conditions!
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 03/23/2026
Today is going to be a disgustingly volatile day for the markets. With the beautiful momentum we are seeing during the pre-market session because of wartime headlines, the markets today are either going to continue to have a beautiful recovery, or we are going to watch as the markets correct 100% of this movement. Obviously, I want to be optimistic and hope for the best in these conditions, but we also have to be realistic, both with our expectations of the markets and where we genuinely believe the markets are going to take us at this point.
At the time of writing this report, the markets are up beautifully, trading up almost 2%, and the best of traders are up significantly more.
So realistically, what do I believe is going to happen as a result of this?
As much as I hate saying this, I personally am headed into today with the hopes we continue to move up beautifully and the markets rally consistently from here, but I am going into today with an expectation that the markets are going to continue to sell off. Again, this is not me trying to be bearish and pessimistic. I am excited for this bullish momentum and hope that the markets continue to rally accordingly, but just with the movement we are seeing, I genuinely believe that today is going to be an extremely irrational and volatile day for the markets.
The news that has come out is “Good news,” but at the same time, it is not war-ending news, nor is it a confirmation of anything. It is just a preemptive move leading into the volatility and irrationality of these inconsistent market conditions.
I do genuinely hate saying this, but I do not believe that the bullish movement up is justified. Traders are going to be excited leading into today. We are going to see a continuation of both confusion and optimism, but the real question is what happens as a result of this?
All I know is that at least more traders leading into today are going to be confident, we are going to slowly inch out of extreme fear, and hopefully the markets continue to move up.
But as I said before, I still genuinely believe that we are going to see a red intraday movement, despite being green overall. I genuinely hope that I am wrong on my sentiment as the markets only continue to move up accordingly, but at the same time, I just have to be real with you on my expectations of these conditions.
Please, continue to tread lightly, but do everything that you can to capitalize on these conditions. Traders are genuinely going to print today, and lives are going to be seriously changed during the pre-market session, but at the same time, just know that lives will be changed during the pre-market session. Imagine all of the people who will FOMO in as a result and lose their ass, or the people who attempted to fight the momentum and lose everything.
Just know that going into today, lives are going to be changed, so make the most of it.
Make sure that you are practicing safe risk management, and hope that this bullish momentum continues. Make sure to capitalize on these conditions and volatility, set stops in profit, limit your downside potential, and make the most out of this volatility.
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 03/23/2026 (ET):
Construction Spending (delayed report) - 10:00 AM
Notable Earnings for 03/23/2026:
Pre-Market Earnings:
WeRide (WRD)
After Market Earnings:
Public Policy Holding (PPHC)
Agi (AGBK)
Bionano Genomics (BNGO)
Wrap up
This is going to be an insane day for the general markets. Hope that we continue to rip rally and pump, but know at the same time we are going to be under so much short-term volatility and confusion that trading is going to become extremely irrational. Please, tread lightly on the day as I am worried about a sell-off, but just follow the momentum and make the most out of this volatility!
Good luck trading, and let’s make the most out of this week!