In the last 24 hours the US30 index has eased away from new highs above 30000 after making another run at the 30000 level. In the last week, it has rested on and enjoyed support from the key 29000 level after having made its first run towards 30000 a week ago and in doing so, smashing through resistance at the key 29000 level, which has applied downward pressure on the index for some time now. In that initial surge higher, 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. Having supported prices for the last week, the 29000 will be expected to continue to prop up the index. Prior to the surge, it had 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.