For previous Short-Term-Delta Red Weeks in the S&P 500 see also HERE
STD Red Weeks oftentimes are trenders from Tuesday open to Friday open. Monday and Friday often reverse the Tuesday - Thursday trend. This is the STD Red Week's pattern:
Alex Roslin's - COTs Timer (Aug 4)
Smart Money Commercial Hedgers dump S&P 500, COT signal flips to bearish
David Hickson - Hurst cycles (Aug 4)
We are expecting the 80-day cycle peak to form in the US markets soon, after which there will be a fall into the 80-day cycle trough which is expected in late August.
[Hurst triad] lines are presently projecting a target for the peak of 1400-1420.
Mike Burk - Seasonality (Aug 4)
As measured by the S&P 500 August has been, by far, the strongest month of the 4th year of the Presidential Cycle. I expect the major averages to be higher on Friday August 10 than they were on Friday August 3.
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| The Nasdaq 100 ETF (QQQ) broke above resistance from the July highs and remains in an uptrend, but a spinning top formed on Friday. These candlesticks show indecision and the prior two foreshadowed pullbacks within the uptrend [Arthur Hill] |