# China internet ETF (KWEB) — Elliott Wave count, Nov 6, 2026

China internet ETF (KWEB) Elliott Wave count at the Nov 6, 2026 close (price 24.88): the called count is primary 2 an unfinished zigzag. It is invalid above 30.74. On the daily chart, minor 3 of (C), down from $29.14, in progress, targeting 22.02 (invalid above 29.14).

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

## Called count
Primary 2 an unfinished zigzag. Invalid above 30.74.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Primary ↓ | primary 2 of the cycle advance from $17.22, down from $43.37, in progress as a zigzag | 19.58–20.98 | 43.37 | 2026-11-23 → 2030-08-09 |
| Weekly | Intermediate ↓ | intermediate (C) of primary 2, down from $30.74, in progress as a five | 19.58 | 30.74 | 2026-11-09 → 2027-03-01 |
| Daily | Minor ↓ | minor 3 of (C), down from $29.14, in progress | 18.52–22.02 | 29.14 | 2026-11-09 → 2027-03-01 |
| Hourly | Minute ↑ | minute ii of minor 3, up from $22.54 (2026-10-29 09:30), in progress as a zigzag | 25.63–26.42 | 22.54 | 2026-11-09 → 2027-03-01 |
| 15-minute | Minuette ↑ | minuette (c) of minute ii, up from $24.275 (2026-11-05 10:45), in progress as a five | 27.09–28.98 | 24.28 | 2026-11-08 → 2026-11-16 |


## Recent changes to the call
- 2026-10-22: invalidated — primary 2 an unfinished zigzag
- 2026-10-16: new — primary 2 ended at $23.23

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