SP500 Long trading 03/17/2020

In the next 24 hours, people are expected to see a "touch" and "re-bounce" as the SP500 movements hit the 2018 resistance line.
This is a good opportunity for day trading.
Furthermore, this week, the fed is going to pump money in the market (private, mortgage-backed securities).
+Thursday: 50 billions
+Friday: 500 billions (03/20/2020)
+Monday: 500 billions (03/23/2020)
In addition, the maturity dates are all in May and June.
People can see a green market in the next 48 or potentially whole week (maybe, if people don't panic sell).
Bad scenario: SP500 movements will break the resistance line and proceed to wipe-out 2016 gains. All will happen within weeks.
Volatile market is not over yet.
Good luck trading.