From my personal point of view sex before marriage is negative in terms of ethics and moral effect. It is not merely the physical sex act that is unethical, but the immaturity of the situation when there is not a union or interchange of one another on an emotional and spiritual level there is unrighteousness in that, for it dishonors both parties. Sex doesn't just have to do with consent between two people who desire intercourse, as true the true relationship and intercourse also extends to the party's respective family members. Personally as someone who has had unconscionable sex with others, it has taught me life lessons in my young life about the nature of human desire and our real needs.
It always confuses me why people who follow the no sex before marriage mentality also seem to assume that just because a couple doesn't have some legal piece of paper with the word marriage written on it that means they don't any "union" or "interchange of one another on an emotional and spiritual level" or however you wish to put it and that if they are having sex they are doing just to satisfy their own lustful cravings. First off I would think one would want that kind of deep connection with a person before even considering getting married. Second off how on earth does a piece of paper signed by legal officials make any difference in this regard? Why does the lack of that legal document automatically make the intercourse "immature"?
A person doesn't need to be married in order to have that deep connection you describe. I have personal experience to attest to this point.