S&P 500 Index Futures Trading Higher

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

S&P 500 index futures are trading higher by thirteen points at 2119.75 in Wednesday's session. During premarket trading it found support at Tuesday's close (2106.75) and rallied and found resistance above Monday's high (2117.75) reaching 2119.75. Following the rally it declined it erased all of those gains and came down to 2107.25 before returning to the and making new highs for the session. At this time, all of ten components in the index are trading higher. Leading the way is Microsoft

which is trading higher by $0.75 at $47.67 followed by Wells Fargo

is higher by $0.92 at $57.10. The only is in the red is Pfizer

, which is only lower by $0.01 at $34.47.