104.79
Communications (XLC) Elliott Wave count at the Nov 6, 2026 close (price 104.79): the called count is cycle IV double three, primary Y live. It is invalid above 120.4. On the daily chart, intermediate (c) of primary Y down from $113.17, in progress, targeting 98.55 (invalid above 113.17).
Called count
Cycle IV is still unfolding as a larger complex correction (double three W-X-Y)
What comes next · minute iii of minor 5 toward $101.34, minor 5 toward $99.25, (c) toward $98.55, Y toward $92.69, cycle IV toward $95.38, then cycle V
Invalid above 120.4 (14.9%)
Charts
Each chart zooms into the dashed box of the one before.Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong. Data: JSON · Markdown