The US30 index has surged higher to a new all time high above 30000 and in doing so, has smashed through resistance at the key 29000 level, which has applied downward pressure on the index for some time now. In doing so, it also pushed strongly through 27000 and 28000 which have play a significant role in the price action of the US30 in the last few months. It recently enjoyed strong support from 26000 which its most recent fall from the resistance at 29000, which allowed the index some support to rally back higher again. The fall has followed a strong period which saw the US30 index rally very well moving from a six week low to back above the key 28000 level and towards 29000, which offered stiff resistance again. The 29000 level also provided resistance to the US30 index in early September, when it was approaching its all time high set earlier in the year, and now it has finally broken through with an increase in volatility.