{"symbol":"NFLX","slug":"nflx","name":"Netflix","group":"US stocks","asof":"2026-11-06","price":63.41,"scale":"log","headline":"cycle IV double zigzag, primary Y down from $83.60","trend":"down","swing":"down","invalidation":83.6,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"cycle IV is a double zigzag","structure":"","next":"minute b toward $62.66-$62.25, minute c and minor 2 near $68.37-$70.40, minor 3 of (C) below $61.40 toward $58.16-$50.51, Y to $40.57 (Y = W), completing IV near the $39.49","window":null,"invalid_if":{"price":83.6,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"down","wave":"cycle IV down from $134.12 (2025-06), in progress as a double zigzag W-X-Y","target":{"low":39.49,"high":18.54},"invalidation":134.12,"window":{"from":"2027-03","to":"2046-03","likely_from":"2030-04","likely_to":"2038-04"}},{"timeframe":"Weekly","degree":"Primary","direction":"down","wave":"primary Y of cycle IV down from $83.60","target":{"low":40.57,"high":25.95},"invalidation":83.6,"window":{"from":"2026-11-18","to":"2028-05-03","likely_from":"2027-01-22","likely_to":"2027-09-13"}},{"timeframe":"Daily","degree":"Intermediate","direction":"down","wave":"intermediate (C) of primary Y down from $73.07 (2026-10-15), after (A) $83.60-$66.54 and (B) $66.54-$73.07","target":{"low":58.16,"high":50.51},"invalidation":73.07,"window":{"from":"2026-11-16","to":"2026-12-05","likely_from":"2026-11-16","likely_to":"2026-12-05"}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor 2 of (C) up from $61.40 (2026-10-29 09:30), in progress as a zigzag","target":{"low":68.37,"high":70.4},"invalidation":61.4,"window":{"from":"2026-11-16","to":"2026-12-05","likely_from":"2026-11-16","likely_to":"2026-12-05"}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute b of minor 2 down from $67.49 (2026-11-05 09:30), in progress as a zigzag","target":{"low":62.66,"high":62.25},"invalidation":67.49,"window":{"from":"2026-11-16","to":"2026-12-05","likely_from":"2026-11-16","likely_to":"2026-12-05"}}],"answer":"Netflix (NFLX) Elliott Wave count at the Nov 6, 2026 close (price 63.41): the called count is cycle IV double zigzag, primary Y down from $83.60. It is invalid above 83.6. On the daily chart, intermediate (C) of primary Y down from $73.07 (2026-10-15), after (A) $83.60-$66.54 and (B) $66.54-$73.07, targeting 58.16 (invalid above 73.07).","markdown":"https://elliottwaveatlas.com/markets/nflx.md","history":[{"date":"2026-11-06","price":63.41,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-11-05","price":65.56,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-11-04","price":66.39,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-11-03","price":63.42,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-11-02","price":62.34,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-30","price":62.08,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-29","price":62.05,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-28","price":61.99,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-27","price":62.52,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-26","price":63.9,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-23","price":65.85,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-22","price":67.05,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-21","price":65.04,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-20","price":68.69,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-19","price":69.85,"status":"held","headline":"cycle IV double zigzag, primary Y down from $83.60"},{"date":"2026-10-16","price":70.53,"status":"new","headline":"cycle IV double zigzag, primary Y down from $83.60"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}