HaiKhuu Daily Report - 04/07/2026
Good morning and happy Tuesday! Wow, conditions this morning are oddly calm compared to these general conditions! I hope you all are doing well and are ready for another volatile and confusing day for the general markets! With these market conditions looking absolutely amazing, it is hard not to be optimistic heading into today, but it’s tough not to be skeptical during these times.
I need to remind you that market conditions look alright at the moment, with $SPY testing the $660 major resistance point, and testing multiple levels of daily resistance. Conditions are looking strong, traders are optimistic, and the markets can easily continue to move up.
The tough part about these conditions is how everything is trending; there is little to no consistency. With wartime news headlines that can hit at any time, please tread lightly, as we can have a directional move.
Just make sure to practice safe risk management and make the most out of these market conditions. This is going to be an amazing day
Good luck, and let’s print some cash today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $645.09
Baseline Resistance: $658.95
Psychological Support: $640
Psychological Resistance: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from 04/06/2026
Yesterday was an extremely inconsistent, bullish day for the markets, providing scalpers with opportunities to realize gains in both directions and allowing the average trader to simply sit back and generate some unrealized gains with ease. Volume was one of the lowest it’s been as a result of the easter holiday, so I hope that you all were able to capitalize on the momentum provided to us yesterday and made the most of the market conditions!
We started yesterday with $SPY opening relatively neutral, trading at $655.80, and watched as there was mild bullish momentum through the entire morning. Market conditions were alright, but extremely confusing and choppy. We slowly chopped as the markets moved up through the morning, but it was a consistent back and forth from looking nice to coming right back down.
We went on to make the official high of the morning on the news early in the morning as $SPY quickly popped up and hit $659.70 within the first hour of the day, testing that $660 resistance and unfortunately not able to break through. After that happened, the rest of the day felt relatively uneventful, but it continued to provide us with opportunities to scalp and trade in real time.
Markets continued to chop around leading into the lunchtime lull, but showed mild bullish momentum. Leading right out of the lunchtime lull, that is where everything started to get spicy. We watched as Donald Trump took the stage, and markets became volatile again within a tight range, and watched as $SPY instantly sold off, going on to make the official low of the day right after lunch, trading at $655.53.
The markets thankfully bounced from the bottom leading into the back half of the trading day, and watched as $SPY only continued to rally after Trump was done speaking. Everything broke out almost instantly when he left the stage, and then watched as $SPY continued to have weak bullish momentum all the way into close, where $SPY broke back above the daily baseline resistance for the first time this entire correction, providing us with confidence and reassurance on the movement.
We officially ended the day with $SPY trading at $658.93, up $3 for the day, or up roughly 0.5% overall. What I will say is that it was a tight day for the markets, and conditions were less than ideal due to the inconsistencies available, but at the same time, with everything presented to us, traders easily had opportunities to realize a significant amount of gains with relative ease. So please, do everything in your power to realize a significant amount of gains today, and let’s make the most out of these conditions!
S&P 500 Heat Map - 04/06/2026
Thoughts & Comments for Today - 04/07/2026
Today is hopefully going to be a great day for the markets. Everything is showing potential; the real question now is, are we going to be able to capitalize on what might happen, and what can we do in the meantime to make the most out of these conditions? Obviously, it is going to be less than ideal with the volatility and inconsistencies that we are looking for, but at the same time, with the way the markets are moving and the way that traders are feeling, it is almost hard not to be optimistic at this point.
Markets are moving up, $SPY has broken above the first major resistance points in a while, and shows a lot of upside potential. These conditions are looking prime for a breakout, and everything behind the scenes that I am seeing is showing that there is a lot of potential for a directional breakout in our favor.
I will say, that again, despite these market conditions being optimistic and traders having an amazing time, we are still in wartime news headlines, where the markets can be as bullish and optimistic as they’d like, but realistically, with DJT in office and war news constantly brewing, I will remind you all that these conditions are going to remain volatile and confusing here in the short term. We can easily have a directional move, and we can easily go either direction. It all just comes down to your allocations and the luck of the draw. The markets can easily sell off as a result of anything, so please practice safe risk management and protect your bottom line.
So, back to the bull case. Again, I am not hyper bullish at this time. I am optimistic yet skeptical of a reversal, but I do believe that we are coming up on many signs that we can rally from here.
With the confusion that people are experiencing right now. There is going to be a lot of fear in the markets. Fear in the markets is not necessarily a bad thing, as it provides us with an opportunity to trade with confidence and gives us some opportunities to take advantage of a discount. With the way the markets are looking, $SPY is testing the $660 magnet zone, we have broken above the daily conversion line, and are testing the baseline resistance at the moment. If everything continues to go the way that it is, traders are still in extreme fear on the fear and greed index. A lot of what I just said sounds bearish and a little bit scary, but if I am being honest, if you are a strong trader, you should honestly hear everything I say, and the only words that should come to mind are “opportunity”.
I think that assuming we do not gert war news that impacts the markets heavily from this point (Wrong/almost impossible), that the markets should continue to move up accordingly, but assuming that the markets act normally, we will continue to see that general confusion in the short term, and then ultimately have to wait for that larger directional move to capitalize on. But just remember, this is not a game of who can realize some gains today or tomorrow; this is one of those times where, as long as you continue to remain solvent and retain strong exposure, you will continue to print over the grand scheme of things.
So please, continue to practice safe risk management, but make sure you capitalize on these conditions to the best of your ability. $SPY is strong, we are grasping for straws hoping to break out, the real question will be, what will happen, when will it happen, and how quickly can we capitalize on these conditions.
Assuming that you have the solvency to retain your exposure, the knowledge to allocate into fundamentally solid organizations, and the confidence in your organization’s operations, I genuinely do not see a reason why anyone should be realizing losses in these conditions. So if you are realizing losses, please reflect on what you are doing, look to minimize your downside risk, and minimize your exposure. The easiest way to stop losing is by stopping whatever is causing those losses to be generated.
Be smart, have a great time, and enjoy these market conditions, because we are honestly going to 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: $MU, $NVDA, $AMD, $TSLA, $MSFT, $ORCL, $INTC
Speculative: $PTLO, $RIVN, $GAP, $NKE
Long Dividend: $JEPI
Long Investment: $PTLO
Short: Semis?
Crypto: $MSTR, SOL, BTC
Economic News for 04/07/2026 (ET):
Durable-Goods Orders - 8:30 AM
Chicago Fed President Austan Goolsbee Speaks - 12:35 PM
Consumer Credit - 3:00 PM
Notable Earnings for 04/07/2026:
Pre-Market Earnings:
NO EARNINGS SCHEDULED
After Market Earnings:
Kura Sushi USA (KRUS)
Skillsoft Corp (SKIL)
Levi Strauss & Co (LEVI)
Phoenix Education Partners (PXED)
Wrap up
This is going to be a spicy day for the markets. I hope you all are making the most out of these conditions and are ready for today. This should be some fun, and we will do everything in our power to realize some gains in the process. Please make sure to protect your bottom line and to get some bullish exposure leading into today.
I know I am excited about today, so go realize some gains and have an amazing time!
Good luck trading!