In the last few weeks the US30 index has applied lots of pressure on the key 30000 level which has stood up and resisted prices firmly keeping the index below this level for the most part. This has happened especially in the last two weeks where almost every day the index moved to 30000 attempting to push through, although it has been able to move through to a new all time high, and maintain that break in the last few days. During this time it has also been well supported by the 29000 level, and may now enjoy some solid support from 30000. Four weeks ago, the US30 index made its first run towards 30000 and in doing so, smashed through resistance at 29000, which has applied downward pressure on the index for some time. In that initial surge higher, it also pushed strongly through 27000 and 28000 which have played a significant role in the price action of the US30 in the last few months.