HaiKhuu Daily Report - 06/30/2026
Good morning and happy Tuesday! It’s the last trading day for the month. These market conditions have been absolutely insane, and navigating them has been difficult, as $SPY is back in that $740 range! Hopefully everyone has been absolutely printing in the process as opportunities have been presented to us left and right. Continue to navigate the short-term volatility and capitalize on these conditions while you can because things are TOUGH.
Lead into today with the expectation that the $SPY will continue its current consolidation here in this $740~ range until there is a directional breakout, and hopefully that breakout is hyper bullish, but we will see where the markets want to take us, and do everything in our power to capitalize on these conditions. I know I am excited heading into today, but I understand the amount of chop and consolidation I am expecting at this level.
The chop may not be a small $0.50 range like previous consolidation points we’ve seen on an intraday basis, but expect larger $1-3 dollar swings around the $740 point, where we may drop below support for a short period of time, or bounce above the level when there is more confidence, but expect a purpetual chop until the markets finally have that directional move. But hey, all we can do at this point is hope for the best and pray the markets continue to break out!
This will be an interesting day for the markets, so let’s make the most of it and have an amazing time!
The updated $SPY daily levels are as follows:
Conversion Line Support: $736.01
Baseline Support: $738.49
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $732.28
Thoughts & Comments from Yesterday - 06/29/2026
Yesterday was an extremely tough day to actively trade, and the majority of individuals who attempted to scalp, as bad as this sounds, got chopped around and had an unfortunate time. It was great, as market conditions were strong overall, and anyone holding a strong position would have been able to realize some gains, but in reality, with the volatility we experienced, it was a slow and choppy day. Hopefully you all were able to realize some gains yesterday, but man, trading was difficult!
We started the day with $SPY trading at $736.53, looking great relative to Friday's close as peace talks were back on the table and markets were strong. We popped up slightly to go on and test $740 right from open, then watched as we quickly rejected that level. Within the first hour or so of the day, we went on and made the official low with $SPY trading at $732.10.
Conditions at the bottom weren’t terrible, but those who FOMO’ed in, or attempted to scalp, most likely had a tough time the first hour or so in the day, then we watched as $SPY quickly reversed from the bottom, bouncing up a couple of bucks, essentially going black for the day leading into the lunchtime lull. This is where the neutrality and chop really started.
We watched as $SPY slowly inched towards that $740 resistance point I’ve been talking about, trading in an extremely narrow range, but thankfully there was continued weak bullish momentum as we played in that range.
Markets only continued to climb throughout the early afternoon, but the momentum was slow and traders really did not have any great opportunities to trade the general markets as we continued to chop closer and closer to that $740 range, before finally leading into the back half of the afternoon we finally were able to break above $740, where we climbed slowly leading into the end of the day where we made the official high of the day trading at $741.55, before coming back down and ending the day with $SPY trading at $741.00, meaning $SPY was up $12 for the day, or up roughly 1.7% overall.
So, what I will say about yesterday is that, again, it was a great day for holding single-name stocks that rallied over the weekend, but it was an extremely difficult time for the vast majority of traders who attempted to scalp the neutrality and chop intraday. I personally realized minor losses from $AAPL’s movement yesterday, so if you were scalping and had a tough time, just know you are not the only one! So let’s see what the markets have in store for us today, and make the most of it!
S&P 500 Heat Map - 06/29/2026
Thoughts & Comments for Today - 06/30/2026
Today is going to be an interesting time for the general markets. We are showing exponentially greater strength heading into today, and traders will be more optimistic as a result. Please continue to tread lightly and practice risk management at this time, but know that, given the confidence we are experiencing, it will be hard not to be bullish and optimistic heading into today.
$SPY has officially bounced off the daily cloud support, broken through the $740 resistance level, and we have reclaimed the daily support levels. I am not saying you should be overly optimistic heading into today, but conditions look strong, and traders should be both comfortable and confident.
Please do everything in your power to maximize your profit potential heading into today; there is potential absolutely everywhere, but it is now on you to capitalize on it and realize some gains. Higher beta tech organizations are going to be the strongest positions to attempt to scalp in these conditions, and this is going to be one of the times I may advise FOR 0-DTE’s on indices. If the indices show strength and momentum today, I do not see any reason this cannot lead to a directional breakout we can all capitalize on. The issue is timing out that movement and seeing how far we can actually go.
I do not believe the markets will make a new all-time high anytime soon, and the only way I see that happening in the short term would be for the markets to break out on positive war news. So continue to be bullish and optimistic under these conditions, but be realistic with your expectations, as those with exaggerated expectations are the ones who will be most disappointed.
Just look for the organizations that have been hit the hardest in the general markets over the past week, as those organizations are typically the ones that will rebound the hardest. Obviously I cannot guarentee that any organization is necessarily going to move up, but a couple of runners to watch out for are $NVDA, $ORCL, $TXN, and pretty much the rest of the chip/hardware/AI sector.
Again, I cannot guarentee anything, but assuming that the markets break out today, that sector is going to have the best short-term performance!
The one thing I do need to warn you all about is the possibility of a rejection from this level. Currently, markets don't look great, as there has been continued weakness over the past couple of days, and just because we’ve gotten a single day of bullish momentum doesn't mean there is enough confidence for us to be hyper-bullish again. We can easily come down; we can watch for weakness and watch for a rejection of the $SPY $740 level. Obviously, I do not want this to happen, but I just need to warn you all about the reality of the situation.
If there is sudden news, be careful, as it can trigger a directional move in either direction, leaving many traders behind and burning others in the process. Again, I am not trying to be bearish, but just know that if we get some general bearish news about the war, conditions are going to be less than ideal, and we are going to come right back down to test major support. So hope that does not happen, and that we only get continued bullish momentum from this point.
Tread lightly today, follow the momentum, and practice safe risk management. As long as we are not presented with more choppy and slow momentum, we all should have great opportunities to realize some gains, so let’s have some fun and see what the markets have in store for us today!
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, $SNDK, $ORCL, $NVDA, $AMD, $INTC, $TSLA, $SPCX
Speculative: $PTLO, $RIVN, $RBLX, $AIFF
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 06/30/2026 (ET):
Chicago Business Barometer (PMI) - 9:45 AM
Consumer Confidence - 10:00 AM
Job Openings - 10:00 AM
Notable Earnings for 06/30/2026:
Pre-Market Earnings:
No Earnings Scheduled
After Market Earnings:
Nike (NKE)
Constellation Brands (STZ)
Progress Software (PRGS)
Wrap up
This is going to be a fun day for the general markets. Please continue to capitalize on the opportunities presented to us, practice risk management, and protect your bottom line. These market conditions are great and are setting up for a possible breakout, so enjoy the momentum, realize some gains, and just enjoy today. Life is good, the markets are great, so let’s have an amazing time and make the most out of today!
Good luck trading, and let’s see $SPY break out!