HaiKhuu Daily Report - 10/23/2026
Good morning and happy Friday! Man, this week has flown by, and I hope you are ready for some more volatility today!!! Markets are down slightly at the time of writing this report, and I am still firm in my stance that we are going to test $760. Where we go after that? No clue, but know that we are currently testing multiple levels of daily technical support.
Please go into today with the expectations of lower volatility and momentum, as traders are becoming increasingly fearful during this time.
I’ll go more in depth about my thesis later on in the full report, but for now, mentally prepare for neutrality and chop while the markets remain in a state of larger-scale consolidation.
This will be a fun time to try and trade some 0-DTE’s, so I’ll talk about that later on in the report too, but for now…
Good luck trading today; we will have a great time!
The updated $SPY daily levels are as follows:
Conversion Line Support: $770.02
Baseline Support: $769.80
Psychological Support: $760
Previous All-Time High: $781.62
Daily Cloud Support: $763.15
Thoughts & Comments from Yesterday - 10/22/2026
Yesterday was an absolutely disgusting day for the general markets. We knew things were gross during the pre-market session and conditions didn’t get any better throughout the day. Hopefully you all were able to dodge the volatility we experienced, and were able to realize some gains!
We started the day with $SPY trading at $766.38, we were down $7 from the previous close, and the entire tech sector looked bloody. Traders were down from the get go, and we watched as the markets only continued to drop throughout the early morning.
$SPY went on and dropped to test $761 after selling off at open, and conditions only continued to remain inconsistent. We popped up leading into the lunchtime session, going back to test $765, but watched as into the afternoon was filled with continued disgusting momentum. We dropped once again to make relative lows of the day, and went on to make the official low of the day trading at $761.16 while chopping around.
Thankfully, markets moved back up slightly leading into power hour and close, but the markets continued to remain within an extremely tight range resulting in no larger great move we could have capitalized on. But regardless of that, we ended the day with $SPY trading at $763.96, meaning $SPY was down 1.2% for the day, or down roughly $9 overall.
What I will say about these market conditions is that obviously the selling was less than ideal, but overall for the day, there was were a couple of great opportunities to scalp and trade momentum. Hopefully you were able to catch some great plays and realize some gains, but regardless, rough day for the markets, so let’s hope today’s a better day!
S&P 500 Heat Map - 10/22/2026
Thoughts & Comments for Today - 10/23/2026
Today will be a day full of mixed sentiment. We are actively testing daily technical levels and are in a larger-scale consolidation around this $760 point. We are most likely going to hit $760, but the question is what happens afterward and how we can capitalize on it.
At the time of writing this report, $SPY is trading around $762, so a sell-off to the $760 magnet is not unrealistic. After we come down to $760, I expect to see a continuation of a consolidation and chop at this level, until there is a confirmation of both direction and momentum. Until there is confidence in the momentum, there is no reason why you should attempt to trade chop.
Just ride the momentum, and enjoy the opportunities that are presented to us at the right times. That goes for everything in life.
I will ad-lib everything else in the report; apologies. Make sure you are tuned into the call to hear what needs to be said!
I’ll talk about:
Why I am still skeptical about this level.
Keeping your eyes on tech
Options / 0-DTE Friday’s
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: $ORCL, $SPCX, $SNDK, $INTC, $MU, $NVDA, $TSLA, $AMD
Speculative: $PTLO, $BABA, $RIVN, $AI, $FUN
Long Dividend: $JEPI / $JEPQ
Long Investment: $PTLO, $WMT
Crypto: $MSTR, SOL, BTC
Economic News for 10/23/2026 (ET):
Flash Manufacturing PMI - 9:45 AM
Flash Services PMI - 9:45 AM
Notable Earnings for 10/23/2026:
Pre-Market Earnings:
American Express Company (AXP)
Autoliv (ALV)
Booz Allen Hamilton (BAH)
Flagstar Financial (FLG)
Gentex (GNTX)
SLB (SLB)
Rogers Communications (RCI)
Wrap up
These markets are going to be fun so please, practice safe risk management, prepare for neutrality and consolidation, wait for a breakout, and play any confirmations you see. These conditions will be fun to trade, so wait for the perfect timing, and enjoy!
Good luck trading, and let’s end this week strong!