S&P 500 Index Retreat From Highs

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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 eight points at 1924 in Tuesday's session. At this time, the index has taken back half of its losses from Tuesday's session. Off the open, the index found resistance just ahead of the premarket high (1941.75), only reaching 1939 before declining to 1927. It is now attempting to remain in the 1930 handle. All of the top ten components in the index are in the green. Leading the way on the upside is the index's biggest component, Apple Inc.
AAPL
shares, which are trading higher by $2 at $109.72. It is followed by Johnson & Johnson
JNJ
shares which are trading higher by $1 at $93.09.
Posted In: FuturesTechnicalsIntraday UpdateMarketsTrading IdeasPremarket outlook
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