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DAX making H&S on long view.

DAX was up on Friday after testing the low level of 18995 in the last trading session as The DAX closed 1.4% higher on Thursday after two days of losses as investors considered global inflation and potential central bank rate cuts. Siemens led the gains, jumping 5% after beating fourth-quarter profit estimates despite lowered 2025 sales guidance due to geopolitical challenges. Deutsche Telekom also climbed 3.3% after raising its full-year profit forecast and slightly surpassing Q3 profit expectations. In contrast, Merck dropped almost 3.4% despite better-than-expected quarterly earnings, impacted by past setbacks in drug trials and a cautious sales outlook for 2024.