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 two points at 2110.50 in Monday's session. The index is attempting to trade higher for the third day in a row.

After a quiet pre-market session, the index found support ahead of the pre-market low (2105.25), only reaching 2107.25 before rebounding. So far, it has matched Friday's high (2113.50) and has made several attempts to move close to its all-time high of 2119.75.

However, the index is being prevented from moving by its two top components Its biggest component, Apple Inc. AAPL, is trading lower by $1.30 at $126.32. Its second-biggest component, Exxon Mobil Corporation XOM, is trading lower by $1.68 at $87.31.

The SPDR S&P 500 ETF Trust SPY was trading at $211.25, down $0.40.