3rd Straight Unfilled Gap?

If we don't fill the gap today, that would be 3 straight up days without a gap fill on the ES.  That is not common, and only occurs in very strong markets.  I would not bet on another gap and go with no fill today.  So we should trade down to 1113.5 sometime today.  I am betting that the dollar will weaken for the remainder of the year.  Strong long uptrends like the euro and gold just don't go straight down after hitting the top.  Even if the trend has changed, we should still see a decent bounce from current levels.