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Olympic Steel's 15-minute chart has exhibited several bearish indicators, including Bollinger Bands Expanding Downward, a KDJ Death Cross, and a Bearish Marubozu, as of December 2, 2022 at 10:30. This suggests that the market trend is currently being driven by sellers, with momentum shifting towards the downside and potential for further decreases. The sellers appear to be in control of the market, and it is likely that bearish momentum will continue.
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