HaiKhuu Daily Report - 04/01/2026
Good morning and happy Wednesday! Wow, markets are only continuing to rally, and I hope you all are excited about today. It appears that our thesis of a short week being bullish has only continued to be reaffirmed as $SPY is up beautifully this week. Markets are up at the time of writing this report, and I am extremely skeptical of these conditions, but optimistic to see where the markets take us! $SPY has officially broken above the first levels of support for the first time in a while, and conditions are looking great going into today!
Please make sure that you are following the general market momentum and not attempting to fight the trend. We announced a bull signal once $SPY broke above the $640 resistance yesterday, and anyone who followed the position absolutely printed. Yes, there were external factors that also came into play, which impacted the markets, but that was well before war news impacted the markets.
So, I hope that the markets continue to rally from here, remain optimistic at this bottom, and enjoy these conditions. Many traders are going to be able to realize a significant amount of gains today, so please, just tread lightly, practice risk management, and make the most out of today. This is going to be an amazing day full of opportunities, so tread lightly, practice risk management, and have an absolutely amazing time.
Good luck trading today, and let’s watch $SPY rally!
The updated $SPY daily levels are as follows:
Conversion Line Support: $646.13
Baseline Resistance: $661.48
Psychological Support: $640
Psychological Resistance: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from Yesterday - 03/31/2026
Yesterday was an absolutely amazing day for the markets. Traders were able to realize a significant amount of gains with ease, and everyone across the board should have printed. Yesterday only sucked if you were hyperbearish, but as long as you followed the general market momentum and capitalized on the conditions, you should have been able to realize gains with ease!
We started the day with $SPY moving up beautifully! $SPY quickly popped up approximately $6 before open, where we officially opened the day at $638.89, and market conditions were strong from open. We chopped around quickly and provided some bullish volatility and momentum as $SPY broke above $640 early in the morning and made a relative high trading atround $643, conditions at the top were nice, but was extremely short lived as $SPY came back down leading into the lunchtime lull on general war news, which was quickly rebought and we watched as $SPY rallied from the bottom after making the official low of the day at $637.98.
The afternoon was slow and choppy as we broke back above the $640 resistance after the recovery, and watched as $SPY continued to remain relatively stagnant around that level. Market conditions were great, $SPY was up nicely, and nothing crazy was happening…
Then we got war news AGAIN. Iran’s President stated that he is interested in ending the war, resulting in the markets rallying beautifully. $SPY only showed strength into the end of the day as we continued to rally. $SPY continued to make new highs and recovered back towards that $650 point. Anyone who had any general long exposure and has retained that exposure, was able to generate a significant amount of unrealized & realized gains from the bottom as $SPY went on to make the official high of the day trading at $651.54 before coming back down ever so slightly leading into close, where we officially ended the day with $SPY trading at $650.34, up a little over $18 for the day, or up roughly 3% overall.
So, I will say that yesterday was an absolutely amazing day for the markets. That 100% was an unexpected bullish movement, and may be the first of many catalysts necessary for the markets to finally correct and rally from here. Regardless of the way these conditions have unfolded over the previous couple of weeks, yesterday was amazing, and I hope that the momentum only continues from here!
S&P 500 Heat Map - 03/31/2026
Thoughts & Comments for Today - 04/01/2026
Now, let’s talk about today and these market conditions. Before I get into anything, I just want to say that these conditions are amazing and we’ve absolutely killed it this week, but there are so many inconsistencies and volatility in the markets as a result of wartime news headlines that anything can happen in an extremely short period of time. Please, tread lightly and practice safe risk management today, and understand that anything said is not a signal to buy or sell anything. Anything can genuinely happen today, so tread lightly.
Going into today, markets are looking bullish and optimistic, and I want this to continue. We’ve been in extreme fear on the fear and greed index for too long at this point, and traders are going to be overly excited to allocate into the markets today. As a result of these conditions, please go into today with the expectation of irrationality. As I said before, I feel that there is a rough 50/50 split between traders in the general markets for where $SPY and the markets are ultimately going to take us, and anything can happen in a short period of time.
The markets can easily continue to break out from here, or they can easily reject and sell off. I am not telling anyone to be hyper bullish or bearish, but to know that we are realistically going to see another directional move in the markets soon, and the real question is, which direction are we headed, and how do we make the most of it?
Going into today, traders should continue to be bullish and optimistic, but keep multiple levels of major support in mind, we are playing inbetween many magnet zones on a larger scale, and that many traders are going to be overly optimistic going into today. As a result of this, conditions are going to be more bullish and optimistic, but the real question is what happens from here?
Assuming that everything is continuing to run the way that it is at this moment, traders are going to continue to print and be optimistic, but the reality of these situations is still scary.
Yes, we moved up on confirmation that war is headed in the right direction yesterday. That is a great sign, but that does not mean war is over. If there are attacks that occur, if human life is lost, then we will see news regarding the war, BS from people claiming Trump is an idiot and is lying, and watch as people claim that the markets are heavily manipulated as we come back down.
A day and change of bullish momentum and recovery is not enough to shift the entire market’s sentiment. I am optimistic leading into today, but again, one day of bullish momentum is not enough to justify an entire market reversal confirmation. Tread lightly, as I fear the markets will continue to come down after this pop, but continue to make the most out of this short-term bullish momentum!
Just tread lightly, practice safe risk management, and genuinely do everything in your power to capitalize on the short-term momentum in the markets. Traders are going to have a more confusing time, but will be provided with opportunities. But as long as you are confident, comfortable, and profitable, nothing matters at the end of the day.
We all are going to hopefully print in these market conditions, so keep your fingers crossed, and let’s have an amazing day!
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: $MSFT, $ORCL, $INTC, $MU, $NVDA, $AMD, $TSLA
Speculative: $PTLO, $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Short: Semis?
Crypto: $MSTR, SOL, BTC
Economic News for 04/01/2026 (ET):
Retail Sales - 8:30 AM
St. Louis Fed President Alberto Musalem speaks - 9:05 AM
Business Inventories - 10:00 AM
Manufacturing PMI - 9:45 AM
ISM Manufacturing - 10:00 AM
Notable Earnings for 04/01/2026:
Pre-Market Earnings:
Lamb Weston Holdings (LW)
Conagra Brands (CAG)
MSC Industrial Direct (MSM)
PEDEVCO (PED)
UniFirst (UNF)
After Market Earnings:
Penguin Solutions (PENG)
Franklin Covey (FC)
Wrap up
This is going to be a spicy day for the markets. I am optimistic yet skeptical going into today, and excited to trade. Let’s do everything in our power to take advantage of this momentum, capitalize on this confusion, and enjoy the momentum the markets are providing. This is going to be a great day, so let’s have some fun and realize some gains in the process!
Good luck trading, and let’s enjoy today!