463.96
Semiconductors ETF (SMH) Elliott Wave count at the Nov 6, 2026 close (price 463.96): the called count is primary 4 of cycle V, (C) leg live, minor 5 under way. It is invalid below 283.07. On the daily chart, intermediate (C) of primary 4, down from $639.47 (2026-10-06), in progress, targeting 401.17 (invalid above 639.47).
Called count
Primary 4 of cycle V: zigzag from $671.83, (C) live
Structure · I $18.50 (2011-05), II $12.96 (2011-10), III $159.41 (2021-11), IV $83.49 (2022-10); V: 1 $283.07, 2 $170.11, 3 $671.83, 4 live
What comes next · minute v to $439.69, minor 5 to $436.62, (C) completing primary 4 near $397.54-401.17, then primary 5 above $671.83
Invalid below 283.07 (-39.0%)
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