S&P 500 Index Futures Trading Lower In Choppy Session

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

S&P 500 index futures are trading lower four points at 2088.25 in Monday's session. After trading the red for the most of the premarket session, it found resistance off the open just below Friday's close (2092.25), only reaching 2092. On the decline it found support ahead of Friday's low (2083.50), only reaching 2085 before attempting to rebound, but has not been able to clear 2089. The indexes two top components are preventing the decline from being a rout. Apple Inc.

shares are trading higher by $0.40 at $129.05. Exxon Mobil

shares are trading higher by $0.72 at $85.. Johnson & Johnson

is leading the way on the downside by trading lower by $0.42 at $98.17.