While the press is touting the lengthening of weakness in the USD, it should be noted that the index aggressively rejected yesterdays spike lower move definitively. We think the USD is getting a lift from slightly disappointing Chinese economic data overnight and also from the slight track lower in US treasury prices. From a technical standpoint, daily stochastics are trending lower but have declined into oversold territory now. The short term down trend remains intact with the close below the 9 day MA. Resistance comes in at 9075 and 9095 with support at 9040 and 9020.