The ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) closed down 2.46% at $15.28 on December 17, as Nvidia's stock faced continued pressure, dropping 0.69% to $131.09. Nvidia's decline was driven by a combination of technical and market factors, including its fall below the 100-day moving average and concerns over overheating in its AI server chips. The stock's performance was further impacted by a broader market sell-off, with the Philadelphia Stock Exchange Semiconductor Index down 1.64%. Nvidia's recent partnership with Verizon on a 5G network solution failed to offset the negative sentiment, as worries about the Federal Reserve's upcoming policy meeting and potential rate cuts added to market uncertainty.