HaiKhuu Daily Report - 04/10/2026
Good morning and happy Friday!!! This has been quite the hectic week for the markets with some insane bullish momentum. I hope that all of you traders have been able to take advantage of the momentum, follow these market trends, and have made the most out of these conditions! Markets are looking relatively neutral at the moment, with $SPY being down less than $1 from close at the time of writing this report, and conditions look interesting leading into the end of this week!
Hopefully, general market momentum only continues from this point, and we watch as the markets break out from this point, but as I always warn, please tread extremely lightly, practice safe risk management, and do everything in your power to enjoy this momentum. Many traders are going to feel as if they are “caught” in positions in the short term, dealing with chop and inconsistencies, but I’ll talk more about that later on in the report.
For now, just continue to be optimistic yet skeptical leading into the day. These market conditions are beautiful, so do everything in your power to maximize your potential, while minimizing risks, and enjoy every step of the process!
Let’s realize some gains today and end this week strong!
The updated $SPY daily levels are as follows:
Conversion Line Support: $655.22
Baseline Support: $658.18
Psychological Support: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from 04/09/2026
Yesterday was an absolutely BEAUTIFUL day for the markets with strong bullish momentum, full of opportunity. I hope that you all were able to capitalize on the intraday volatility we experienced and were able to enjoy the beauty of the market conditions!
We started the day with $SPY opening at $674.78, markets were down slightly from the get-go, but nothing of any major significance, and watched as $SPY continued to downtrend slowly after open. We watched as $SPY trended down for the first hour or so of the day, making the official low of the day trading at $673.77 before showing signs of strength leading into the lunchtime lull. Then, during the lull, we got positive war news.
Lebanon and Israel are interested in speaking to each other to come to a ceasefire, and as a result of that, we watched as the markets only continued to trend up. We called for $SPY $680 on positive news, and watched as $SPY went on to hit $681.16 before chopping around and coming back down. The entire afternoon was relatively bare, and not much happened as we magnetized around that $680 point, and essentially remained there all of the way until close.
We officially ended the day with $SPY trading at $679.91, up about $4 for the day, or up 0.6% overall. What I will say is that the market conditions of yesterday were beautiful for those who simply followed the trend, followed the momentum, or simply listened to the call, so congratsulations to everyone who was able to generate a signficant amount of realized and unrealized gains yesterday, as it was an easy day to just kick your feet up, relax, and have a great time.
Let’s hope that the markets are as beautiful as we hope today, and do what we can to maximize our potential!
S&P 500 Heat Map - 04/09/2026
Thoughts & Comments for Today - 04/10/2026
Today is going to be a relatively spicy day for the general markets with confusion across the board. We are still getting wartime news headlines, $SPY is back at a major resistance area, and traders are optimistic leading into today. General market conditions are strong, and traders are both comfortable and confident at this time. The markets, despite looking great right now, are dead smack in the middle of fear, signifying that there is still more upside potential at this point, and that there are going to be many traders who still have not allocated, and will start to deploy capital and FOMO in as long as the markets continue to remain strong and solvent in the short term.
I believe that, assuming we do not get any massive war news or black swan event, the markets from this point on will only continue to move up accordingly.
Again, I need to remind you that at any moment, all we need is a single bit of news to heavily impact the markets. As long as the news is not bad, we should only realistically continue to do well here in the short term. Just please, tread lightly and prepare accordingly for both volatility and general market confusion.
So, if you are attempting to trade today, what is going to be the easiest and most reliable play?
If I am being honest, with the markets in the place they are at right now, it is going to be extremely difficult to answer this question, but I will do my best to attempt to.
With $SPY here at $680, there is a lot that can happen here in the short term. We are at major psychological resistance, and have some levels of technical resistance above us. Assuming we don’t get any news in the short term that impacts the markets, I would personally expect a chop and consolidation at this $680 point, before we get a decisive market movement, and once the markets choose a direction to take, anyone who attempts to fight the trend is going to be a fool.
Obviously, I don’t want the markets to come down as I am expecting the markets to move up, but we can easily reject at this level and display more weakness in the short term, or in the best-case scenario, we watch as $SPY breaks out from this $680 range and only continues to move up accordingly. I don’t want the markets to sell off, nor would I want them to chop, but that is something you have to consider at this level, not only because it is a psychological level we need to look out for, but also because it has been a previous major point of consolidation in the markets.
So please, make sure that you are practicing safe risk management in these conditions, as we are consistently seeing traders lose absolutely everything as a result of the general market confusion. Make sure you limit your downside risk, do not overleverage an account, and just make sure to remain solvent, because there is a big difference between someone who is watching the markets, versus someone who can capitalize on these markets, versus someone who is broke and has lost absolutely everything TO these markets.
I personally will be looking to actively scalp and day trade higher beta positions today, with the possibility that I will be looking to sell premium against any organization that provides us an opportunity in the short term. CSPs are not going to be as profitable in these conditions as they were previously, but at the same time, with the general confusion in the markets, finding irrational traders will be relatively easier. So let’s make the most of these conditions and have an amazing time!
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: $NVDA, $AMD, $TSLA, $MSFT, $ORCL, $INTC, $PLTR
Speculative: $PTLO, $RIVN, $GAP, $NKE
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 04/10/2026 (ET):
Consumer Price Index - 8:30 AM
Core CPI - 8:30 AM
Factory Orders - 10:00 AM
Consumer Sentiment - 10:00 AM
Notable Earnings for 04/10/2026:
Pre-Market Earnings:
NO EARNINGS SCHEDULED
Wrap up
This is going to be a fun day for the general markets, and hopefully, opportunities are there for us to capitalize on these conditions and watch as the markets break out quickly. Please, as always, make sure that you are practicing safe risk management, and continue to make the most out of this short-term momentum. I know that I am very excited to trade today, and I genuinely hope that you all are too!
Good luck trading, and let’s end this week strong!