HaiKhuu Daily Report - 11/21/2025
Morning, and Friday. No good morning, no happy Friday. This does not seem like a great morning, nor is this a happy Friday. This is genuinely disgusting what is happening across the board at the moment, but I hope you all are ready for what should be another interesting and confusing time for the markets. Please continue to tread lightly and make sure to practice safe risk management as traders are genuinely going to have an interesting and difficult time.
Regardless of where the markets go, regardless of how your portfolio looks, just make sure to smile and remember about how privileged you are about the fact that you can sit down, hate the markets, lose money, and end the day, to go enjoy a wonderful weekend.
Just please, be smart and safe. I feel bad that I was not able to actively be on the call all day yesterday, but again, these market conditions are genuinely disgusting, yet are providing some insane opportunities.
The question is now, where are we going from here? Are we going to continue to dive from this point, or are we going to see a face ripping rally? No clue at all, but regardless, it is simply life. So please tread lightly today, practice safe risk management, and just remain solvent.
Good luck trading today, we are going to need it!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $668.42
Baseline Resistance: $670.80
Psychological Resistance: $660
Daily Cloud Support: $649.77
Thoughts & Comments from Yesterday - 11/20/2025
Wow, I do not know what to say. That was an absolutely disgusting time for the markets. Traders got violated, and man was that an expensive day. Markets were looking amazing as a result of $NVDA earnings, yet the markets just dove, and dove, and dove some more.
So, we started the day with $SPY trading at $672.90. Market conditions were strong, traders were optimistic, yet for some reason, that was genuinely not the case for the markets. After open, we rallied beautifully, going on to make the official high of the day leading into the lunchtime session as $SPY makes the high of the day at $675.56. Market conditions at the top were beautiful. Opportunities were amongst us, but traders were not ready nor predicted what was going to happen.
After making the high of the day around 10:45am EST, we then proceeded to go and make the 2nd largest intraday bearish movement we’ve seen this entire year. Markets quickly rotated from being up nicely, up approximately $13 from open, and then it proceeded to not be.
By noon, the markets proceeded to lose absolutely EVERYTHING that was generated, and actually went red for the day. At the time, that seemed to be the bottom, but man were we wrong. $SPY went on to make a relative low trading at the $655 range, and it seemed to be a bottom as $SPY quickly rallied from the bottom, and then recovered nicely in the process. We rallied quickly roughly +7 to test $662 and go green again for the day, before the markets quickly sold off again, going on to make a new low breaking below $655, before going on to ruin everyones day once again leading into close.
We watched as $SPY went on and sold off AGAIN, leading into close, where $SPY made the official low of the day at $651.89 leading into close, where we officially ended the day with $SPY trading at $652.53, down $10 overall on the day, or down roughly 1.5%.
As I said before, this was the 2nd largest bearish move we’ve seen this year. $SPY dropped almost $24 on an intraday basis and took many traders by surprise. That is crazy we watched as there was a 3.5% intraday movement, but again such is simply life. Hopefully, you were not in any overly crazy positions nor were caught in any positions that ultimately would end up shooting you in the foot.
So, let’s just see where the markets take us from here, and pay the process.
S&P 500 Heat Map - 11/20/2025
Thoughts & Comments for Today - 11/21/2025
Today is not going to be a fun time at all, but such is simply life. These market conditions are less than ideal, but this is going to again, give us an insane buy the dip opportunity. The question is where are we going at this point. Are we going to continue to drop? Are we going to pop? I don’t know, nor does anyone truely know.
We are at 6 on the fear and greed index, meaning that we are genuinely at the bottom of extreme fear, meaning that this hopefully is the worst of the fear. If it is or not, that is simply life. Just remember though, just because we are in extreme fear, does not mean that the markets can’t continue to come down. These conditions are less than ideal, and can continue to sell off with ease.
Just remember, there is a famous saying about the markets. “The markets can remain irrational longer than you can remain solvent”. This selling does need to stop eventually. The question is, is that today? Or are we going to see a continuation of this selling over the next couple of days / next couple of weeks?
I still have faith that this bubble hasn’t bursted, but these market conditions are so so sketchy. So again, please just tread lightly, practice safe risk management, and make the most out of these market conditions. Many are going to over trade, over allocate, and genuinely have a disgusting time. Many losses will be generated, but many gains will be generated at the same time. It just comes down to how you allocate, when you allocate, and where you allocate. Just make sure you are not over trading in these condition, and be extremely careful if you are attempting to trade 0-dtes.
Like I am not trying to be overly bearish going into today, but I would much rather all of you simply not trade so there is no chance of generating losses, versus over trading and genuinely losing everything.
So again, I just need to shove this down your throat.
Market conditions are strong overall
Market conditions are showing weakness short term
These selling conditions can continue, but it is a question of will it.
This will prove us with an insane buy the dip opportunity, but you just need to do everything in your power to realize gains. Just please, continue to remain solvent throughout the rest of today, and do what you can to capitalize on these conditions.
We will see where the markets take us, so let’s have some fun and realize some gains 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: $NVDA, $TSLA, $META, $TSM, $ORCL, $BABA
Speculative: $PTLO, $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: SOL
Economic News for 11/21/2025 (ET):
Dallas Fed President Lorie Logan speaks - 9:00 AM
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
Consumer Sentiment - 10:00 AM
Notable Earnings for 11/21/2025:
Pre-Market Earnings:
BJ's Wholesale Club (BJ)
Miniso Group Holding (MNSO)
Wrap up
Hopefully markets recover from this insane selling in a singular day, but that’s just extremely unrealistic. So, I hope you all are ready for another interesting time for the markets and are prepared for today. Regardless of the performance of the markets today, just remember that life is good. Smile regardless of your performance, and just make the most out of today.
Good luck trading, and let’s see where $SPY takes us today.