This morning I opened a long position on the S&P500. The move up off of the open this morning showed some potential for continuing, so I took an entry in the direction on the first retracement on the hourly chart. I expect this trade to be good for a few hours at least, then if we break resistance at the 1869.00 area, the trade could turn into a longer hold. If resistance at 1869.00 seems to be holding, then I will likely take out the position at that level. 
Daily outlook shows a possible target of 1880.00 with a break through current 1869.00 resistance today. day trading course Learn how to trade
