Another small range, balanced trading day in the S&P emini Thursday ahead of the monthy jobs report with price trading back to the center of the prior multi day extended trading range. Thursday’s profile left another wide POC, or “fairest price, at 2159.

The September futures contract all time high at 2177.75 was made in the extended hours Globex session, and there is a poor low from August 2 and three unfilled gaps below the market.

With short term traders apparently dominating the market it would not be surprising to see the Globex high taken out, followed by selling back into the multi day trading range.