US Stocks Sudden Downgrade.

UBS Bank has taken another step in downgrading US stocks, lowering them from "attractive" to "neutral"

following an upgrade in early April.

This follows an 11% rise in the S&P 500 index.

It also sees the market currently experiencing a temporary recovery

due to the 90-day suspension of tariffs.

UBS stated that the downgrade does not imply a negative outlook

nor does it call for selling shares at this time.

Technically speaking, the S&P 500 index:

The S&P 500 index has continued its strong upward trend, forming new demand areas

at 5,663, which are expected to rise if tested.

If the index continues to rise, we may see it move upwards, reaching the supply zones above, which are considered good selling areas for the index, near the 6070 level.