Ryan Detrick, Chief Technical Strategist at Schaeffer’s Investment, said in an interview to CNBC-TV18, that February is historically the weakest month for the S&P 500.
“A lot of the traders are looking at US dollar currently for marking highs and making head and shoulders topping formation,” he added.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!