The Consumer Price Index (CPI) in Germany increased 0.2% in August 2015 from August 2014 but compared with July remained unchanged all due to continued decrease of energy prices. According to Destatis, the low inflation rate was mainly due to the continued decrease in energy prices which dropped by 7.6% year-on-year in August. Food prices rose by 0.8 %. European Central Bank (ECB) sets its target of inflation maintenance in the euro zone at below, but close to 2%. In August, however, the common currency area’s inflation rate remained unchanged at 0.2%, showing that the central bank’s quantitative easing (QE) program which started in March has yet to receive desirable effects. The Index rose more than 1.5% since the start of the month and increased 4.0% year to date and changed its phase from distribution to a bearish phase. Last week, DAX30 tried to rally but found enough selling pressure to turn south but managed to close in the green near the open of the week, on a narrow range with below average volume. The stochastic is showing a bullish divergence, signs that the downside may begin to get exhausted. Expecting an upward move to a key level at 10,652.5 on a bounce from a weekly support at 10,054.5 (scenario 1) or a break below a weekly support at 9,849.0 may push downward the Index to Year lows at 9,701.9 (scenario 2). Ger30 is a CFD written over DAX30 futures.