SPX S&P 500 Fell down after the U.S. Credit Downgrade

As I said in the last SPX article, the S&P 500 experienced a notable decline of 10% within three months after the previous U.S. credit downgrade:
SPX S&P 500 Fell 10% After the Last U.S. Credit Downgrade !!!


Now it seems like SPX, the S&P 500 index, started to follow the pattern.
According to the past retracement, this time the Price Target of SPX is $4080 by October.

Looking forward to read your opinion about it.
downgradeETFFundamental AnalysisindexTechnical Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500forecastSPDR S&P 500 ETF (SPY) Trend AnalysisVOO

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