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Based on the 15-minute chart of W.W. Grainger, there have been several technical indicators that have triggered, including Bollinger Bands Narrowing, KDJ Death Cross, and a Bearish Marubozu. These indicators suggest that the magnitude of stock price fluctuations has decreased, the momentum of the stock price is shifting towards the downside and is likely to further decrease, and sellers are controlling the market. Therefore, it is likely that the bearish momentum will continue.
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