Slow, no confidence summertime trading continued Thursday with the ES in less than a 7 point trading range, trading back and forth through Wednesday’s high after filling the gap from Aug. 15th at 2184.50 to the tick. Thursday’s profile left both a poor high and a poor low.

Possible trading scenarios if price opens within range on Friday:

– Look either above or below balance and accelerate
– Look above or below balance and fail
– Stay within balance