# Nikkei 225 (NIKKEI) — Elliott Wave count, Nov 6, 2026

Nikkei 225 (NIKKEI) Elliott Wave count at the Nov 6, 2026 close (price 57,434.77): the called count is (III) complete: supercycle (IV) under way. It is invalid above 72,831.73. On the daily chart, primary 3 of cycle C down from ¥64,831.29 (2026-10-29), in progress, targeting 56,282.17 (invalid above 64,831.29).

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

## Called count
(III) complete at 72,831.73. Invalid above 72,831.73.

What comes next: cycle C's primary 3 under way from ¥64,831.29; cycle C to ¥52,369; if (IV) is to match (II) in time it extends into a double three toward 50,054; then (V) to new highs.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Supercycle (degree 0, unanchored) ↓ | supercycle (IV) down from ¥72,831.73 (2026-06-22), in progress | 39,688.99–50,053.8 | 72,831.73 | 2026-10 → 2042-08 |
| Weekly | Cycle ↓ | cycle C of (IV) down from ¥70,798.62 (2026-10-06), in progress | 52,369.26 | 70,798.62 | 2026-11-12 → 2027-01-25 |
| Daily | Primary ↓ | primary 3 of cycle C down from ¥64,831.29 (2026-10-29), in progress | 51,572.38–56,282.17 | 64,831.29 | 2026-11-08 → 2026-11-25 |
| Hourly | Intermediate ↓ | intermediate (3) of primary 3 down from ¥62,653.98 (2026-11-05 09:30 JST), in progress | 51,223.19–55,320.01 | 62,653.98 | 2026-11-06 → 2026-11-15 |
| 15-minute | Minor ↑ | minor 4 of intermediate (3) up from ¥56,745.81 (2026-11-06 10:15 JST), in progress as a zigzag | 57,965.6–58,733.32 | 56,745.81 | — |


## Recent changes to the call
- 2026-10-16: new — (III) complete: supercycle (IV) under way

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