# Biotech ETF (XBI) — Elliott Wave count, Nov 6, 2026

Biotech ETF (XBI) Elliott Wave count at the Nov 6, 2026 close (price 152.21): the called count is intermediate (5) of primary 3 in progress. It is invalid below 103.52. On the daily chart, intermediate (5) of 3 up from $143.85 (2026-10-16), in progress, targeting 194.01 (invalid below 143.85).

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

## Called count
Intermediate (4) complete at 143.85 as a double zigzag. Invalid below 103.52.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↑ | cycle III up from $61.78 (2022-05), in progress | 753.04–3,531.37 | 61.78 | 2027-01-04 → 2042-02-25 |
| Weekly | Primary ↑ | primary 3 of III up from $63.80 (2023-10), in progress | 197.79 | 63.8 | 2027-01-04 → 2042-02-25 |
| Daily | Intermediate ↑ | intermediate (5) of 3 up from $143.85 (2026-10-16), in progress | 194.01 | 143.85 | 2026-11-04 → 2029-01-10 |
| Hourly | Minor ↑ | minor 3 of (5) up from $147.56 (2026-11-06 09:30), in progress (minute i to $152.92, minute ii now) | 164.42–175.8 | 147.56 | 2026-11-09 → 2026-11-27 |
| 15-minute | Minute ↓ | minute ii of minor 3 down from $152.92 (2026-11-06 13:30), in progress (low so far $151.54) | 149.58–150.85 | 152.92 | 2026-11-09 → 2026-11-27 |


## Recent changes to the call
- 2026-10-16: new — intermediate (4) of primary 3 in progress

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