{"symbol":"SILVER","slug":"silver","name":"Silver futures","group":"Commodities","asof":"2026-11-06","price":51.942,"scale":"log","headline":"the five from 2015 complete","trend":"down","swing":"up","invalidation":71.16,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"the five from $13.64 (2015-12) ended at $121.30","structure":"","next":"minute v above $53.495 to end minor a near $54.31-$54.61; minor b and c then carry B of Y toward $56.18; then C of Y toward $43.65, then $40.68 for the correction","window":null,"invalid_if":{"price":71.16,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"down","wave":"cycle-degree correction of the 2015-2026 five, down from $121.30 (2026-01), a double zigzag W-X-Y","target":{"low":40.68,"high":null},"invalidation":121.3,"window":{"from":"2026-10-27","to":"2027-05-22","likely_from":null,"likely_to":null}},{"timeframe":"Weekly","degree":"Primary","direction":"down","wave":"primary Y down from $71.16 (week of 2026-08-24), a zigzag in progress","target":{"low":43.65,"high":null},"invalidation":71.16,"window":{"from":"2026-10-27","to":"2027-05-22","likely_from":"2026-10-30","likely_to":"2027-02-08"}},{"timeframe":"Daily","degree":"Intermediate","direction":"up","wave":"intermediate B of Y up from $48.55 (2026-11-03), a three in progress","target":{"low":56.18,"high":null},"invalidation":48.55,"window":{"from":"2026-10-27","to":"2027-05-22","likely_from":null,"likely_to":null}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor a of intermediate B up from $48.62 (2026-11-03 04:00 ET), a five in progress","target":{"low":54.31,"high":54.61},"invalidation":48.62,"window":{"from":"2026-10-27","to":"2027-05-22","likely_from":null,"likely_to":null}},{"timeframe":"15-minute","degree":"Minute","direction":"up","wave":"minute v of minor a up from $51.20 (2026-11-06 01:00 ET), a five in progress","target":{"low":54.31,"high":54.61},"invalidation":51.2,"window":null}],"answer":"Silver futures (SILVER) Elliott Wave count at the Nov 6, 2026 close (price 51.94): the called count is the five from 2015 complete. It is invalid above 71.16. On the daily chart, intermediate B of Y up from $48.55 (2026-11-03), a three in progress, targeting 56.18 (invalid below 48.55).","markdown":"https://elliottwaveatlas.com/markets/silver.md","history":[{"date":"2026-11-06","price":51.942,"status":"held","headline":"the five from 2015 complete"},{"date":"2026-11-05","price":52.233,"status":"held","headline":"the five from 2015 complete"},{"date":"2026-11-04","price":52.12,"status":"held","headline":"the five from 2015 complete"},{"date":"2026-11-03","price":49.59,"status":"held","headline":"the five from 2015 complete"},{"date":"2026-11-02","price":50.72,"status":"held","headline":"the five from 2015 complete"},{"date":"2026-10-30","price":49.097,"status":"invalidated","headline":"the five from 2015 complete"},{"date":"2026-10-29","price":52.191,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-28","price":53.457,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-27","price":54.293,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-26","price":54.108,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-23","price":53.711,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-22","price":54.764,"status":"held","headline":"cycle IV combination, primary Y under way"},{"date":"2026-10-21","price":57.422,"status":"held","headline":"cycle IV combination, primary X under way"},{"date":"2026-10-20","price":57.706,"status":"held","headline":"cycle IV combination, primary X under way"},{"date":"2026-10-19","price":56.974,"status":"held","headline":"cycle IV combination, primary X under way"},{"date":"2026-10-16","price":56.995,"status":"new","headline":"cycle IV combination, primary X under way"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}