{"symbol":"XLF","slug":"xlf","name":"Financials","group":"Sector & country ETFs","asof":"2026-11-06","price":57.16,"scale":"log","headline":"primary 5 of cycle V extending, intermediate (3) under way, minor 5 begun from $56.70","trend":"up","swing":"up","invalidation":47.67,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"primary 5 of cycle V extending","structure":"cycle I $4.78-13.97 (2009-03..2011-02), II $8.90 (2011-10), III $41.70 (2022-01), IV $29.59 (2022-10), V","next":"minor 5 from $56.70 toward $61.38-61.72 (clearing $60.04), completing (3) or extending toward $64.92-73.75, then (4) and (5); cycle V toward $67.69-86.48","window":null,"invalid_if":{"price":47.67,"direction":"below"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"up","wave":"cycle V up from $29.59 (2022-10 low), in progress","target":{"low":67.69,"high":86.48},"invalidation":29.59,"window":{"from":"2029-01-31","to":"2039-05-04","likely_from":"2029-01-31","likely_to":"2039-05-04"}},{"timeframe":"Weekly","degree":"Primary","direction":"up","wave":"primary 5 of cycle V up from $47.67 (2026-03-23)","target":{"low":61.04,"high":68.77},"invalidation":47.67,"window":{"from":"2027-02-01","to":"2030-10-01","likely_from":"2027-04-17","likely_to":"2029-01-08"}},{"timeframe":"Daily","degree":"Intermediate","direction":"up","wave":"intermediate (3) of primary 5 up from $52.81 (2026-10-01)","target":{"low":64.92,"high":73.75},"invalidation":52.81,"window":{"from":"2026-11-15","to":"2027-06-16","likely_from":"2026-12-01","likely_to":"2027-03-10"}},{"timeframe":"Hourly","degree":"Minor","direction":"up","wave":"minor 5 of intermediate (3) up from $56.70 (2026-11-06 09:30 ET)","target":{"low":61.38,"high":61.72},"invalidation":56.7,"window":{"from":"2026-11-06","to":"2026-12-11","likely_from":"2026-11-07","likely_to":"2026-11-18"}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute ii of minor 5 down from $57.71 (2026-11-06 10:45 ET)","target":{"low":57.08,"high":56.91},"invalidation":57.71,"window":null}],"answer":"Financials (XLF) Elliott Wave count at the Nov 6, 2026 close (price 57.16): the called count is primary 5 of cycle V extending, intermediate (3) under way, minor 5 begun from $56.70. It is invalid below 47.67. On the daily chart, intermediate (3) of primary 5 up from $52.81 (2026-10-01), targeting 64.92 (invalid below 52.81).","markdown":"https://elliottwaveatlas.com/markets/xlf.md","history":[{"date":"2026-11-06","price":57.16,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way, minor 5 begun from $56.70"},{"date":"2026-11-05","price":57.51,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way, in minor 4"},{"date":"2026-11-04","price":59.2,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-11-03","price":57.19,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-11-02","price":57.54,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-30","price":56.51,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-29","price":56.91,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-28","price":56.13,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-27","price":55.88,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-26","price":56.02,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-23","price":55.9,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-22","price":56.65,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-21","price":56.04,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-20","price":55.72,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-19","price":55.06,"status":"held","headline":"primary 5 of cycle V extending, intermediate (3) under way"},{"date":"2026-10-16","price":55.52,"status":"new","headline":"primary 5 of cycle V extending, intermediate (3) under way"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}