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The 15-minute chart for Federal Agricultural Mortgage Corporation has recently displayed a notable trend, characterized by the expansion of Bollinger Bands downward and a bearish Marubozu formation on December 5, 2023 at 3:45pm. This indicates that the market is currently being driven by selling pressure, with sellers exerting significant influence over the market's direction. As a result, it is likely that bearish momentum will continue to prevail in the near term.
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