# DAX (DAX) — Elliott Wave count, Nov 6, 2026

DAX (DAX) Elliott Wave count at the Nov 6, 2026 close (price 25,820.36): the called count is cycle V complete at €26,692.90, Supercycle (II) under way. It is invalid above 26,692.9. On the daily chart, primary 1 of cycle A down from €26,692.90 (2026-11-05), in progress, targeting 25,502.12 (invalid above 26,692.9).

Source: https://elliottwaveatlas.com/markets/dax · Data: https://elliottwaveatlas.com/data/markets/dax.json

## Called count
Terminal: primary 5's ending diagonal and cycle V completed at 26,692.90 (2026-11-05). Invalid above 26,692.9.

What comes next: (2) toward 26,023.12-26,276.88, then (3) down through 25,617.54 toward 25,502.12-25,187.70; cycle A toward 23,199.66-21,273.99.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Supercycle ↓ | Supercycle (II) down from €26,692.90 (2026-11), the correction of the 2003–2026 five (I), in progress | 10,267.57 | 26,692.9 | — |
| Weekly | Cycle ↓ | cycle A of (II) down from €26,692.90 (2026-11-05), just begun | 21,273.99–23,199.66 | 26,692.9 | 2026-11-12 → 2044-07-03 |
| Daily | Primary ↓ | primary 1 of cycle A down from €26,692.90 (2026-11-05), in progress | 25,187.7–25,502.12 | 26,692.9 | — |
| Hourly | Intermediate ↑ | intermediate (2) of primary 1 up from €25,617.54 (2026-11-06 15:00 CET), in progress as a zigzag | 26,023.12–26,276.88 | 25,617.54 | — |
| 15-minute | Minor ↑ | minor C of intermediate (2) up from €25,713.33 (2026-11-06 16:30 CET), in progress | 25,920.3 | 25,713.33 | — |


## Recent changes to the call
- 2026-11-06: changed — cycle V complete at €26,692.90, Supercycle (II) under way
- 2026-10-16: new — primary 5 ending diagonal, intermediate (5) live

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