S&P 500 & DJIA ACHIEVES MATASII "RIGHT SHOULDER" PRICE TARGETS

The S&P 500 achieved the MATASII "Right Shoulder" target price and a critical overhead resistance level (shown by the black parallel) channel.

We posted this chart with the right shoulder initially on December 24, 2018 along with a larger scale Elliott Wave Analysis

There is a chance after some consolidation that we could still go higher. This possibility is shown in DJIA chart below.