{"symbol":"KWEB","slug":"kweb","name":"China internet ETF","group":"Sector & country ETFs","asof":"2026-11-06","price":24.88,"scale":"log","headline":"primary 2 an unfinished zigzag","trend":"down","swing":"down","invalidation":30.74,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"primary 2 an unfinished zigzag","structure":"","next":"","window":null,"invalid_if":{"price":30.74,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Primary","direction":"down","wave":"primary 2 of the cycle advance from $17.22, down from $43.37, in progress as a zigzag","target":{"low":20.98,"high":19.58},"invalidation":43.37,"window":{"from":"2026-11-23","to":"2030-08-09","likely_from":"2027-08-09","likely_to":"2028-10-01"}},{"timeframe":"Weekly","degree":"Intermediate","direction":"down","wave":"intermediate (C) of primary 2, down from $30.74, in progress as a five","target":{"low":19.58,"high":null},"invalidation":30.74,"window":{"from":"2026-11-09","to":"2027-03-01","likely_from":"2026-11-09","likely_to":"2027-03-01"}},{"timeframe":"Daily","degree":"Minor","direction":"down","wave":"minor 3 of (C), down from $29.14, in progress","target":{"low":22.02,"high":18.52},"invalidation":29.14,"window":{"from":"2026-11-09","to":"2027-03-01","likely_from":null,"likely_to":null}},{"timeframe":"Hourly","degree":"Minute","direction":"up","wave":"minute ii of minor 3, up from $22.54 (2026-10-29 09:30), in progress as a zigzag","target":{"low":25.63,"high":26.42},"invalidation":22.54,"window":{"from":"2026-11-09","to":"2027-03-01","likely_from":null,"likely_to":null}},{"timeframe":"15-minute","degree":"Minuette","direction":"up","wave":"minuette (c) of minute ii, up from $24.275 (2026-11-05 10:45), in progress as a five","target":{"low":27.09,"high":28.98},"invalidation":24.275,"window":{"from":"2026-11-08","to":"2026-11-16","likely_from":"2026-11-08","likely_to":"2026-11-12"}}],"answer":"China internet ETF (KWEB) Elliott Wave count at the Nov 6, 2026 close (price 24.88): the called count is primary 2 an unfinished zigzag. It is invalid above 30.74. On the daily chart, minor 3 of (C), down from $29.14, in progress, targeting 22.02 (invalid above 29.14).","markdown":"https://elliottwaveatlas.com/markets/kweb.md","history":[{"date":"2026-11-06","price":24.88,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-11-05","price":24.76,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-11-04","price":24.32,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-11-03","price":23.28,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-11-02","price":23.35,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-30","price":22.74,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-29","price":22.79,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-28","price":22.99,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-27","price":23.13,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-26","price":23.2,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-23","price":23.14,"status":"held","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-22","price":23.21,"status":"invalidated","headline":"primary 2 an unfinished zigzag"},{"date":"2026-10-21","price":23.74,"status":"held","headline":"primary 2 ended at $23.23"},{"date":"2026-10-20","price":24.35,"status":"held","headline":"primary 2 ended at $23.23"},{"date":"2026-10-19","price":24.28,"status":"held","headline":"primary 2 ended at $23.23"},{"date":"2026-10-16","price":24.41,"status":"new","headline":"primary 2 ended at $23.23"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}