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Essex Property Trust's 15-minute chart has recently exhibited a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu pattern, which occurred on December 4th, 2022 at 11:00 AM. This indicates that the stock price may continue to decline, as the momentum of the stock price has shifted towards the downside and has the potential to further decrease. Sellers appear to be in control of the market, and it is likely that the bearish momentum will persist.
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