{"symbol":"KRE","slug":"kre","name":"Regional banks ETF","group":"Sector & country ETFs","asof":"2026-11-06","price":72.2,"scale":"log","headline":"contracting diagonal from 2009, cycle V in progress","trend":"up","swing":"up","invalidation":47.06,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"contracting diagonal from 2009 low","structure":"","next":"minute ii toward $71.68-70.74 (above $67.79), minute iii up, minor C to $85.94 (inside the Daily $81.80-88.28 zone), V terminal $79.52-89.75, then a large decline","window":null,"invalid_if":{"price":47.06,"direction":"below"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"up","wave":"cycle V of the contracting diagonal from the 2009 low $14.42 (I $66.04, II $27.26, III $78.81, IV $34.52), up from $34.52 (2023-05), in progress","target":{"low":79.52,"high":89.75},"invalidation":34.52,"window":{"from":"2026-11","to":"2038-04","likely_from":"2026-11","likely_to":"2032-07"}},{"timeframe":"Weekly","degree":"Primary","direction":"up","wave":"primary C of cycle V, up from $47.06 (2025-04-07), in progress as an ending diagonal","target":{"low":95.77,"high":148.57},"invalidation":47.06,"window":{"from":"2026-11-03","to":"2027-10-22","likely_from":null,"likely_to":null}},{"timeframe":"Daily","degree":"Intermediate","direction":"up","wave":"intermediate (3) of the primary C diagonal, up from $61.80 (2026-03-19), a zigzag in its minor C","target":{"low":81.8,"high":88.28},"invalidation":61.8,"window":{"from":"2027-01-21","to":"2027-07-30","likely_from":null,"likely_to":null}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor C of intermediate (3), up from $67.79 (2026-10-14 08:45)","target":{"low":85.94,"high":99.52},"invalidation":67.79,"window":{"from":"2026-11-10","to":"2027-05-25","likely_from":"2026-12-05","likely_to":"2027-02-05"}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute ii of minor C, down from $75.80 (2026-11-05 09:30 ET), in progress","target":{"low":71.68,"high":70.74},"invalidation":75.8,"window":{"from":"2026-11-13","to":"2026-12-11","likely_from":"2026-11-19","likely_to":"2026-11-27"}}],"answer":"Regional banks ETF (KRE) Elliott Wave count at the Nov 6, 2026 close (price 72.2): the called count is contracting diagonal from 2009, cycle V in progress. It is invalid below 47.06. On the daily chart, intermediate (3) of the primary C diagonal, up from $61.80 (2026-03-19), a zigzag in its minor C, targeting 81.8 (invalid below 61.8).","markdown":"https://elliottwaveatlas.com/markets/kre.md","history":[{"date":"2026-11-06","price":72.2,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-11-05","price":72.3,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-11-04","price":74.13,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-11-03","price":72.88,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-11-02","price":73.73,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-30","price":72.01,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-29","price":72.86,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-28","price":72.12,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-27","price":72.58,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-26","price":72.73,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-23","price":72.46,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-22","price":72.41,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-21","price":70.62,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-20","price":70.62,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-19","price":69.26,"status":"held","headline":"contracting diagonal from 2009, cycle V in progress"},{"date":"2026-10-16","price":69.81,"status":"new","headline":"contracting diagonal from 2009, cycle V in progress"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}