{"symbol":"EEM","slug":"eem","name":"Emerging markets ETF","group":"Sector & country ETFs","asof":"2026-11-06","price":59.33,"scale":"log","headline":"cycle I complete, cycle II zigzag under way","trend":"down","swing":"down","invalidation":71.57,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"cycle I complete at $71.57","structure":"","next":"","window":null,"invalid_if":{"price":71.57,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"down","wave":"cycle II down from $71.57, in progress (zigzag)","target":{"low":53.55,"high":48.96},"invalidation":71.57,"window":null},{"timeframe":"Weekly","degree":"Primary","direction":"down","wave":"primary C of II down from $69.23, in progress","target":{"low":53.13,"high":null},"invalidation":69.23,"window":{"from":"2026-11-05","to":"2026-12-20","likely_from":"2026-11-16","likely_to":"2026-12-20"}},{"timeframe":"Daily","degree":"Intermediate","direction":"down","wave":"intermediate (5) of C down from $63.65, in progress (minor 1 a five to $60.58, minor 2 a zigzag to $62.365, minor 3 a five to $58.00, minor 4 live)","target":{"low":56.52,"high":56.31},"invalidation":63.65,"window":{"from":"2026-11-09","to":"2026-11-30","likely_from":"2026-11-11","likely_to":"2026-11-30"}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor 4 of (5) up from $58.00, in progress","target":{"low":60.14,"high":null},"invalidation":58,"window":{"from":"2026-11-06","to":"2026-11-10","likely_from":"2026-11-07","likely_to":"2026-11-08"}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute b of minor 4 down from $59.77, in progress","target":{"low":58.88,"high":58.67},"invalidation":59.77,"window":null}],"answer":"Emerging markets ETF (EEM) Elliott Wave count at the Nov 6, 2026 close (price 59.33): the called count is cycle I complete, cycle II zigzag under way. It is invalid above 71.57. On the daily chart, intermediate (5) of C down from $63.65, in progress (minor 1 a five to $60.58, minor 2 a zigzag to $62.365, minor 3 a five to $58.00, minor 4 live), targeting 56.52 (invalid above 63.65).","markdown":"https://elliottwaveatlas.com/markets/eem.md","history":[{"date":"2026-11-06","price":59.33,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-11-05","price":58.05,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-11-04","price":61.62,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-11-03","price":61.1,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-11-02","price":61.11,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-30","price":61.04,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-29","price":62.72,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-28","price":63.52,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-27","price":62.52,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-26","price":61.82,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-23","price":62.01,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-22","price":61.72,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-21","price":63.57,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-20","price":63.32,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-19","price":63.31,"status":"held","headline":"cycle I complete, cycle II zigzag under way"},{"date":"2026-10-16","price":62.85,"status":"new","headline":"cycle I complete, cycle II zigzag under way"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}