{"symbol":"SPX","slug":"spx","name":"S&P 500","group":"US indices","asof":"2026-11-06","price":7376.86,"scale":"log","headline":"intermediate (4) of primary 5 under way","trend":"up","swing":"down","invalidation":7844.52,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"intermediate (3) of primary 5 ended at $7,844.52 in a contracting ending diagonal","structure":"I $2,134.72 (2015-05), II $1,810.10 (2016-02), III live","next":"minute b toward $7,487.78-7,530.75; a y far larger than w or a third three is needed for the Daily zone $6,997.89-6,520.53 (window central half 2027-05 to 2029-02); then (5) toward the weekly $9,652.76","window":null,"invalid_if":{"price":7844.52,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"up","wave":"cycle III up from $1,810.10 (2016-02), in progress — its fifth primary wave is live","target":{"low":11894.93,"high":null},"invalidation":1810.1,"window":null},{"timeframe":"Weekly","degree":"Primary","direction":"up","wave":"primary 5 of cycle III up from $3,491.58 (2022-10), in progress — intermediate (4) is live","target":{"low":9652.76,"high":null},"invalidation":3491.58,"window":null},{"timeframe":"Daily","degree":"Intermediate","direction":"down","wave":"intermediate (4) of primary 5 down from $7,844.52 (2026-10-06), in progress","target":{"low":6997.89,"high":6520.53},"invalidation":7844.52,"window":{"from":"2026-11-22","to":"2030-07-28","likely_from":"2027-05-02","likely_to":"2029-02-12"}},{"timeframe":"Hourly","degree":"Minor","direction":"down","wave":"minor y of intermediate (4) down from $7,715.57 (2026-11-04 13:00), in progress as a zigzag — minor w a double zigzag to $7,527.56, minor x a regular flat to $7,715.57","target":{"low":7217.49,"high":null},"invalidation":7715.57,"window":{"from":"2026-11-07","to":"2026-12-13","likely_from":"2026-11-12","likely_to":"2026-11-28"}},{"timeframe":"15-minute","degree":"Minute","direction":"up","wave":"minute b of minor y up from $7,350.35 (2026-11-05 15:45), in progress as a zigzag — minuette a to $7,444.20 (2026-11-06 09:45), minuette b live (low so far $7,373.48, 15:45). Minute a is a five","target":{"low":7487.78,"high":7530.75},"invalidation":7350.35,"window":{"from":"2026-11-07","to":"2026-12-13","likely_from":null,"likely_to":null}}],"answer":"S&P 500 (SPX) Elliott Wave count at the Nov 6, 2026 close (price 7,376.86): the called count is intermediate (4) of primary 5 under way. It is invalid above 7,844.52. On the daily chart, intermediate (4) of primary 5 down from $7,844.52 (2026-10-06), in progress, targeting 6,997.89 (invalid above 7,844.52).","markdown":"https://elliottwaveatlas.com/markets/spx.md","history":[{"date":"2026-11-06","price":7376.86,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-11-05","price":7353.73,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-11-04","price":7688.62,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-11-03","price":7568.92,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-11-02","price":7541.4,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-30","price":7580.07,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-29","price":7720.39,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-28","price":7743.98,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-27","price":7722.6,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-26","price":7676.77,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-23","price":7623.68,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-22","price":7663.43,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-21","price":7757.17,"status":"held","headline":"intermediate (4) of primary 5 under way (minor x bounce, high $7,770.40)"},{"date":"2026-10-20","price":7712.57,"status":"held","headline":"intermediate (4) of primary 5 under way (minor x bounce, high $7,748.42)"},{"date":"2026-10-19","price":7690.73,"status":"held","headline":"intermediate (4) of primary 5 under way"},{"date":"2026-10-16","price":7659.44,"status":"new","headline":"intermediate (4) of primary 5 under way"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}