S&P 500 Index Futures Trading Higher

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. S&P 500 index futures were trading higher by 15 points at 2109.50 in Thursday's session. In pre-market trading, the index found support just above Wednesday's low (2091.50), reaching 2092 before rebounding into the 2100 handle. The rally has continued in the regular session with the index so far reaching 2011. There may be some resistance at the highs from last Friday and Monday at 2013.50. The all-time closing high for the index stands at 2108.75. All of the top 10 components in the index are trading in the green, with Apple Inc. AAPL trading higher by $2.35 at $128.36 and Microsoft Corporation MSFT trading higher by $1 at $48.62. The SPDR S&P 500 ETF Trust SPY was trading at $211.40, up $1.34.