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Based on the technical analysis of Sinclair Broadcast's 15-minute chart, there is a significant bearish signal evident in the KDJ Death Cross and Bearish Marubozu pattern observed on December 29, 2022 at 14:00. This suggests a shift in the momentum of the stock price towards a downward trajectory, with potential for further decline. The control of the market currently lies with sellers, and it is likely that this bearish momentum will persist.
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