Germany’s retail sales remained unchanged in September, defying economists’ expectations for an increase. The calendar and seasonally adjusted retail sales, in real terms, showed no variations in September, following a 0.7% decrease in August. Although Germans retailers had yet another slack month in September, as sales were flat from August, economists said that a buoyant labour market and solid wage increases would spur household spending ahead of the important Christmas-shopping season. The Index rose more than 10.5% in October and increased 10.5% year to date plus it’s in a recovery phase since mid-October. Last week, DAX30 went back and forward without any clear direction but managed to close in the green near the open of the week. Stochastic is showing a strong bullish momentum and crossed above the 50 mid line. Expecting an upward move to a key level at 11,790 on a break above previous week high at 10,926 (scenario 1) or a break below previous week low at 10,685 may push downward the Index to a weekly support at 10,054 (scenario 2). Ger30 is a CFD written over DAX30 futures.