Gaps don't have to fill but...
I'm expecting this one to do just that, if not before, then after earnings for sure.
I think people are expecting to be underwhelmed on 8/5.
Never know though. Could be a surprise in there but I'm not holding my breath.
Regardless, expect any substantial move, either up or down, to be followed by a second move in the opposite direction.
I'm on the sidelines for now with core position.
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