HaiKhuu Daily Report - 03/24/2026
Good morning and happy Tuesday! Well, this is going to be another interesting and extremely volatile day for the markets! Markets are essentially neutral right now from the previous close, and conditions are extremely sketchy going into today.
I am going into today with a mildly bearish sentiment unless there is some sort of larger war news that comes out here in the short term. This is a continuation of my general sentiment I’ve had in the markets for the previous couple of weeks, where I continue to expect bearish momentum here in the short term until there is a catalyst to cause the markets to move up as a result.
Please go into today treading lightly but hoping for the best. We need to reclaim $660 ASAP, or else the confirmation of a reversal and rejection of the daily conversion line resistance continues to play out, resulting in the markets ultimately weakening and continuing to come down. So please, just tread lightly, practice safe risk management on a day like today, and genuinely just hope for the best, as, regardless of your personal sentiment, understand that the markets are going to act irrationally.
So capitalize on that irrationality, and let’s have an amazing time today!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $662.40
Baseline Resistance: $669.20
Psychological Resistance: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from Yesterday - 03/23/2026
Yesterday was an absolutely insane day for the general markets with the volatility we all were experiencing, traders could have easily realized a significant amount of gains, and watched as we timed out the very literal perfect bottom. I am extremely proud of the market conditions of yesterday, and extremely proud that. Hopefully, you all were able to capitalize on the volatility and had a great time!
Well, we started last week with $SPY going crazy during the premarket session, we started the morning with $SPY trading in the $640~ range, and then woke up to see that Trump is attemping to “end” the war, resulting in the markets moving up beautifully, and $SPY pumped approximately $20 in the process, we dropped slightly leading into open, officially opening the day with $SPY trading at $658.09. Market conditions were absolutely beautiful to start the week, and many traders realized significant gains.
The markets only continued to trend up leading into the lunchtime lull, where $SPY then went on and made the official high of the day, trading at $662.61.
Market conditions at the top were absolutely beautiful in perspective, and traders were extremely optimistic, but then the lunchtime lull happened, and that was pretty much it for the trading day.
We watched as $SPY dropped down and made the official low of the day, trading at $653.95, after calling out a perfect reversal alert at the top to occur at $654, and then watched as $SPY recovered slightly in the afternoon, only to sell off once again leading into close.
$SPY officially ended the day trading at $665.38, up approximately $7 overall, or up about 1%, despite being down approximately $7 from the top, and about $10 from the pre-market high. We ended the day green overall with a red intraday candle. Man, who would have expected that? Definitely not the person who wrote a nice report for you, predicting exactly that! So, hopefully you all were able to make the most of the volatility and realized some significant gains yesterday in the process!
S&P 500 Heat Map - 03/23/2026
Thoughts & Comments for Today - 03/24/2026
Today is going to be an interesting time for the general markets. I want to be bullish and optimistic leading into today, but I am just going to be overly realistic, and hope that no one is upset in the process!
So, leading into today, at least at the time of writing this report, the markets are essentially neutral from the previous close. The biggest concern that I have right now, leading into the day, is the fact that we are still getting wartime headlines, which are heavily impacting the markets. Everyone is excited that the markets were up yesterday, failing to remember the significance of what was said, or the lack thereof.
The war has been “postponed” to try to resolve the conflict, but assuming that the conflict either does not stop, another retaliatory attack happens, or we get a single headline, the markets could easily continue to crumble. Again, I am not attempting to be pessimistic, just realistic.
Assuming that Trump is able to end this war in a couple of days, the global markets are going to absolutely rally as a result, and traders are going to be overly excited and optimistic, but again, these are all wartime news volatility impacts on the markets, and not a general strengthening.
As I’ve said before, please continue to be mildly bearish until there is a catalyst for a confirmation of a reversal. Minor postponing news does not impact the overall sentiment, nor would any general statement from Trump. We need hard news regarding the war efforts to impact the markets enough to cause a larger-scale reversal. Until that point, we have to tread extremely lightly and make sure we are protecting our bottom line.
But just remember, with the volatility during these wartime news events, that brings irrationality, which ultimately brings mispricing and opportunity. I have been saying that these market conditions have been gross and bearish, but this is one of those times that, realistically, once the markets do ultimately stop dropping and selling off, we are going to be able to enjoy and experience a significant amount of bullish momentum.
Once the markets stop dropping and have that catalyst to move up, traders are going to get blindsided by the momentum and opportunity, and watch as those who were stubborn and held, got lucky with their timing, or are dumb, realize a significant amount of gains in an extremely short period of time, kind of like how the markets moved yesterday, but even more irrational and be a larger move.
All that matters, though, about today is capitalizing on the short-term volatility and confusion, so continue to trade and scalp when you see fit. I would still advise you all to stay away from 0-dte option contracts on a day like today, but at the same time, if you are able to catch some beautiful bearish momentum 0-dte bearside on a confirmation of a reversal, it isn’t the worst.
Just make the most out of today, follow the momentum and strength, and realize some gains!
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: $ORCL, $RIVN , $NVDA, $TSLA, $AMD, $PLTR
Speculative: $PTLO, $RIVN, $CVX
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 03/24/2026 (ET):
U.S. Productivity (revision) - 8:30 AM
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
Notable Earnings for 03/24/2026:
Pre-Market Earnings:
Core & Main (CNM)
Hesai Group (HSAI)
Sanara MedTech (SMTI)
Concentrix Corporation (CNXC)
LightInTheBox Holding (SFD)
After Market Earnings:
AAR (AIR)
Braze (BRZE)
BioStem Technologies (BSEM)
Integra Resources (ITRG)
Worthington Industries (WOR)
KB Home (KBH)
Wrap up
This is going to be an extremely interesting day for the markets as a result of yesterday. Hopefully, we see a beautiful recovery full of opportunities, but at the same time, with the general confusion of the markets at the moment, it is going to be hard to remain consistent. Prepare accordingly for the volatility, and make sure that you protect your bottom line today!
Good luck trading, and let’s see where $SPY takes us!