HaiKhuu Daily Report - 09/09/2025
Good morning, and happy Tuesday!
I hope you're all ready for a genuinely exciting day following yesterday's neutrality warning. Markets are up slightly at the time of writing this report, and $SPY is trending closer and closer to that $650 resistance level. With this being the third test of this level, I genuinely do believe that this could be the make-or-break for the markets.
As much as I want to be overly bullish and optimistic leading into open, I need to be realistic in setting expectations. $SPY is currently trading right under the major resistance point leading into open, meaning that I am expecting difficulties navigating through choppy and more challenging market conditions.
Enter today expecting to see significant chop in a short period, with traders genuinely confused about how to allocate their positions. As a result, their trades will be impacted, leading to larger, more emotional losses. BUT, once we start to see that directional move, anything can genuinely happen. Markets can break out and go on to make a new all-time high, or we officially reject and drop 1%.
So, regardless of what you do, just make sure that you are not fighting at any moment, and just practice safe risk management.
Good luck trading, and let’s see a NEW all-time high!
The updated $SPY daily levels are as follows:
Conversion Line Support: $643.57
Baseline Support: $635.75
Psychological Resistance: $650
Daily Cloud Support: $627.86
Thoughts & Comments from Yesterday - 09/08/2025
Yesterday was an absolutely disgusting day for the overall markets, not due to an insane amount of selling, but the general lack of momentum. We attempted to warn you all about that sentiment leading into open yesterday, so I genuinely hope that you all took that warning seriously and were able to dodge that disgusting intraday momentum.
So, we started the day with $SPY opening at $648.59, markets were up after the weekend, sentiment was strong, yet traders felt hesitant from open. Markets quickly chopped around and sold off, breaking below $648 for a brief moment before breaking out to go on and test that $650 resistance, making the official high of the day trading at $649.83, before coming back down throughout the entirety of the afternoon, looking absolutely disgusting in the process and taking traders hostage in the process.
The selling momentum was slow and drawn out, as it too approximately two hours to drop $2 from the top, to go on and make the official low of the day at $647.23, before bouncing and chopping around leading into the final 25 minutes of the day where $SPY decided to recover $1.50 leading into close where we officially ended the day with $SPY trading at $648.83, up $1.60 for the day, or up roughly 0.25%.
But this is where the interesting things happen. On an intraday basis, $SPY moved roughly $0.20 from the open price, and did not really move, just chopping around, attempting to kill traders left and right. Anyone who overleveraged yesterday, watched bearish momentum, or got chopped around had a tough time, but again, this is the reason we publish these reports —to save as many people as possible!
S&P 500 Heat Map - 09/08/2025
Thoughts & Comments for Today - 09/09/2025
Leading into today, conditions are going to be a little more confusing and difficult to capitalize on with confidence until there is a definitive breakout or sell-off. Until then, I want to be clear: navigating the markets when $SPY shows neutrality is a tough battle that most people won't win. So, please, if you are attempting to trade today, tread extremely lightly, and do what you can to maximize your profit potential. Many traders are going to have a tough time, while others are going to have an amazing time.
Just remember that these market conditions are strong, and that this hesitation is not a result of weak market conditions or being overly bearish, but more so, just due to a lack of momentum and confidence at this price. Once we are able to break out from $650, show strength of potential, and continue to remain optimistic, then the bullish button comes back, but until then, as many wise people said in the early 2000’s “No deal”.
So, let’s hope that the markets continue to perform, remain strong, and rally for our sake. With this being the third official test of this level, I do not want to scare anyone, but as I said before, this might be the final test. There is a genuine shot that the markets reject this level again, and we watch as $SPY comes down as a result. That would obviously be less than ideal, but it is a non-zero possibility that I do need to bring up for your sake, as traders are overly optimistic and bullish during this time.
The biggest thing is to just make sure you are practicing safe risk management. This means limiting your losses, doing what you can to not trade during weak times, and making sure you are scaling into all positions properly so you are not overleveraged or overtrading.
Just please, be careful. I am not trying to scare anyone when I say this, but in the case that $SPY does reject $650 today, be under the assumption that we will come down heavily, display weakness, and watch as $SPY continues to sell off. I think the selling that would incur would only be roughly 1%, but at the same time, that is just a prediction, in the case that we reject this level, assuming that no other external factors that cause major selling occur.
But, with everything said, please make sure that in the case that the markets do break out and display strength, that you are doing everything in your power to maximize your profit potential so you can absolutely PRINT in the process. So, we will have a lot of fun, and realize some gains, so have an amazing time while attempting to trade today, and let’s 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: $GOOGL, $AAPL, $TSLA, $NVDA, $INTC
Speculative: $RIVN, $PTLO
Long Dividend: $JEPI
Long Investment: $INTC
Short: $BRK/B
Crypto: SOL
Economic News for 09/09/2025 (ET):
NFIB Optimism Index - 6:00 AM
Notable Earnings for 09/09/2025:
Pre-Market Earnings:
SailPoint (SAIL)
FuelCell Energy (FCEL)
Lands' End (LE)
Hello Group (MOMO)
Core & Main (CNM)
Designer Brands (DBI)
After Market Earnings:
Oracle (ORCL)
GameStop (GME)
AeroVironment (AVAV)
Synopsys (SNPS)
Limoneira (LMNR)
A-Mark Precious Metals (AMRK)
InnovAge Holding (INNV)
Matrix Service (MTRX)
Skillsoft (SKIL)
Wrap up
Hopefully, we watch as $SPY breaks through the $650 resistance level with confidence and that we only continue to rally after. Please just tread lightly and practice safe risk management today. Many traders are going to realize significant gains if we break out, so please make the most of these conditions, and let’s have a fantastic time!
Good luck trading, and let’s see where the markets take us!!!