# Euro Stoxx 50 (STOXX50) — Elliott Wave count, Nov 6, 2026

Euro Stoxx 50 (STOXX50) Elliott Wave count at the Nov 6, 2026 close (price 6,170.49): the called count is cycle I complete, cycle II double zigzag with primary Y down. It is invalid above 6,577.2. On the daily chart, intermediate (B) of Y up from $6,122.47 (2026-11-06 15:30 CET), in progress, targeting 6,196.66 (invalid below 6,122.47).

Source: https://elliottwaveatlas.com/markets/stoxx50 · Data: https://elliottwaveatlas.com/data/markets/stoxx50.json

## Called count
Cycle I complete at $6,577.20 (2026-08). Invalid above 6,577.2.

Structure: $2,302.84 (2020-03) / $4,415.23 (2021-11) / $3,249.57 (2022-09) / $6,199.78 (2026-02) / $5,376.81 (2026-03) / $6,577.20 (2026-08) / W.

What comes next: intermediate (B) up toward $6,196.66-$6,242.94; primary Y toward $5,784.35-$5,477.02; the cycle-II ladder $4,404.88-$3,891.82.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↓ | cycle II down from $6,577.20 (2026-08), in progress as a double zigzag | 3,891.82–4,404.88 | 6,577.2 | 2029-01-12 → 2036-12-18 |
| Weekly | Primary ↓ | primary Y of II down from $6,318.59 (2026-11-05 09:30 CET) | 5,477.02–5,784.35 | 6,318.59 | 2026-11-09 → 2027-03-01 |
| Daily | Intermediate ↑ | intermediate (B) of Y up from $6,122.47 (2026-11-06 15:30 CET), in progress | 6,196.66–6,242.94 | 6,122.47 | — |
| Hourly | Minor ↑ | minor C of (B) up from $6,143.39 (2026-11-06 16:30 CET), in progress ($6,170.49 at the close) | 6,189.4–6,218 | 6,143.39 | — |
| 15-minute | Minute ↑ | minute iii of C up from $6,153.87 (2026-11-06 17:15 CET), in progress ($6,170.49 closing print) | 6,179.07–6,194.7 | 6,153.87 | — |


## Recent changes to the call
- 2026-10-16: new — cycle I complete, cycle II zigzag under way

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