# Energy (XLE) — Elliott Wave count, Nov 6, 2026

Energy (XLE) Elliott Wave count at the Nov 6, 2026 close (price 61.62): the called count is the five from 2020 is complete. It is invalid above 70.15. On the daily chart, intermediate (1) of primary A down from $70.15 (2026-10-30), in progress (invalid above 70.15).

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

## Called count
The five from 2020 completed at $70.15 (2026-10-30 10:00 ET). Invalid above 70.15.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↓ | cycle II down from $70.15 (2026-10), in progress | 28.33–35.09 | 70.15 | 2027-01-25 → 2037-05-27 |
| Weekly | Primary ↓ | primary A of cycle II down from $70.15 (week of 2026-10-26), in progress | — | 70.15 | 2026-11-05 → 2030-08-28 |
| Daily | Intermediate ↓ | intermediate (1) of primary A down from $70.15 (2026-10-30), in progress | — | 70.15 | 2026-11-03 → 2027-07-24 |
| Hourly | Minor ↓ | minor 1 of intermediate (1) down from $70.15 (2026-10-30 09:30 ET bar), in progress | — | 70.15 | 2026-11-04 → 2026-12-24 |
| 15-minute | Minute ↓ | minute iii of minor 1 down from $64.54 (2026-11-05 10:00 ET), in progress | 53.76–57.65 | 64.54 | 2026-11-05 → 2026-11-13 |


## Recent changes to the call
- 2026-11-02: changed — the five from 2020 is complete
- 2026-10-16: new — final legs of the five from 2020 in progress

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