Tomorrow at 8:30 am New York time the February employment numbers will be released. Assuming the market closes near 1119 or higher today I plan to stay long overnight and either hold through the number or try to trade around it. So I expect to post some trading activity near 8:30 am even though pit trading doesn't open until 9:30.
Yesterday afternoon I closed my long position because the drop from the 1125 high followed what appeared to be a terminal thrust (false breakout) which often precedes a high volume sell off. However, overnight the ES held support at 1113 and this morning rallied to 1123. This tells me that the market is simply trading in a small, 11 point box from 1114 to 1125. Since the up trend from last week's low at 1084 is still intact on my charts I have to assume that the market will leave this box on the upside in the next day or so and establish a new box 1125-1136.