{"symbol":"NIKKEI","slug":"nikkei","name":"Nikkei 225","group":"World indices","asof":"2026-11-06","price":57434.77,"scale":"log","headline":"(III) complete: supercycle (IV) under way","trend":"down","swing":"down","invalidation":72831.73,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"(III) complete at 72,831.73","structure":"","next":"cycle C's primary 3 under way from ¥64,831.29; cycle C to ¥52,369; if (IV) is to match (II) in time it extends into a double three toward 50,054; then (V) to new highs","window":null,"invalid_if":{"price":72831.73,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Supercycle (degree 0, unanchored)","direction":"down","wave":"supercycle (IV) down from ¥72,831.73 (2026-06-22), in progress","target":{"low":50053.8,"high":39688.99},"invalidation":72831.73,"window":{"from":"2026-10","to":"2042-08","likely_from":"2028-01","likely_to":"2033-01"}},{"timeframe":"Weekly","degree":"Cycle","direction":"down","wave":"cycle C of (IV) down from ¥70,798.62 (2026-10-06), in progress","target":{"low":52369.26,"high":null},"invalidation":70798.62,"window":{"from":"2026-11-12","to":"2027-01-25","likely_from":"2026-11-17","likely_to":"2026-12-14"}},{"timeframe":"Daily","degree":"Primary","direction":"down","wave":"primary 3 of cycle C down from ¥64,831.29 (2026-10-29), in progress","target":{"low":56282.17,"high":51572.38},"invalidation":64831.29,"window":{"from":"2026-11-08","to":"2026-11-25","likely_from":"2026-11-08","likely_to":"2026-11-15"}},{"timeframe":"Hourly","degree":"Intermediate","direction":"down","wave":"intermediate (3) of primary 3 down from ¥62,653.98 (2026-11-05 09:30 JST), in progress","target":{"low":55320.01,"high":51223.19},"invalidation":62653.98,"window":{"from":"2026-11-06","to":"2026-11-15","likely_from":"2026-11-07","likely_to":"2026-11-11"}},{"timeframe":"15-minute","degree":"Minor","direction":"up","wave":"minor 4 of intermediate (3) up from ¥56,745.81 (2026-11-06 10:15 JST), in progress as a zigzag","target":{"low":57965.6,"high":58733.32},"invalidation":56745.81,"window":null}],"answer":"Nikkei 225 (NIKKEI) Elliott Wave count at the Nov 6, 2026 close (price 57,434.77): the called count is (III) complete: supercycle (IV) under way. It is invalid above 72,831.73. On the daily chart, primary 3 of cycle C down from ¥64,831.29 (2026-10-29), in progress, targeting 56,282.17 (invalid above 64,831.29).","markdown":"https://elliottwaveatlas.com/markets/nikkei.md","history":[{"date":"2026-11-06","price":57434.77,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-11-05","price":61077.9,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-11-04","price":62188.63,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-11-02","price":63081.86,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-30","price":63290.11,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-29","price":64659.47,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-28","price":63954.19,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-27","price":63268.37,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-26","price":62189.65,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-23","price":62693.16,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-22","price":62907.84,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-21","price":64621.24,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-20","price":64075.42,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-19","price":64916.7,"status":"held","headline":"(III) complete: supercycle (IV) under way"},{"date":"2026-10-16","price":65324.29,"status":"new","headline":"(III) complete: supercycle (IV) under way"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}