Concerns about US stocks due to Nvidia stock

According to recent reports, JPMorgan has warned against the US market

 due to upcoming events related to non-farm payrolls data

and corporate earnings, particularly from Nvidia.

The bank believes the US market is currently more vulnerable to risk than other markets.

The bank also believes that Nvidia has become a strong influence on the index

rather than just its stock, a strong development for the company 

that reflects its current strength.

On the other hand, the bank believes that the upcoming non-farm payrolls news

will have a strong impact on the US market due to its potential impact

on the upcoming interest rate decision on the US dollar.

According to recent reports regarding Nvidia,

 the company is expected to achieve strong new earnings for the current quarter. 

However, there are concerns about earnings

due to China, as the company is awaiting approval of licenses.

However, if China sales are added to the company's revenue,

this will provide a significant boost to earnings of between $2 and $3 billion.

Technical Outlook for Nvidia Stock

As for the technical analysis of Nvidia stock,

it is expected that the stock will experience some corrections at the moment.

These corrections may continue until they reach support levels at $164.

If the stock closes a full candle below these levels,

the correction may continue until it reaches the next levels near $153.

Which are considered good areas for repurchasing the stock if they are reached.