Yo-Yo Market In S&P 500 Index Futures Continues

em>Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

S&P 500 index futures are trading higher by twenty six points at 2067.35 in Friday' session. The index has erased all of the losses from Thursday's session on the hope a resolution to the Greek debt crisis is on the horizon. Off the open, the index found resistance just above Thursday's high (2068), reaching 2070 before retreating to 2059.50 and mounting another rally. All of the top ten compnents in the index are in the green. Leading the way on the upside is Apple Inc AAPL shares which are trading higher by $2.89 at $122.96. It is followed by Facebook FB shares which are trading higher by $1.87 at $87.75. Lagging the index, but still trading higher is General Electric GE shares which are trading higher by $0.17 at $26.19.