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According to the 15-minute chart of First Industrial Realty Trust, a technical indicator known as the KDJ Death Cross has been triggered, accompanied by a bearish Marubozu formation on January 2nd, 2023 at 3:30pm. This suggests that the momentum of the stock price is shifting towards the downside and may continue to decrease, with sellers currently dominating the market. As such, there is a high probability that bearish momentum will persist in the near term.
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