Trading Class

Markets › S&P 500 › Fibonacci bounce up

US stock market · indicator signal

Fibonacci bounce up on S&P 500

On S&P 500 the fibonacci bounce up showed up 41 times. The target came first 37% of the time, the stop 59%, and 5% went nowhere within 12 candles.

Counted on S&P 500: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1932%63%5%
Hourly2241%55%5%

S&P 500 against the rest

ChartsFoundTarget firstStop firstWent nowhere
S&P 5004137%59%5%
All US stock market charts1,46740%56%3%
Every market16,35735%58%8%

Year by year

YearFoundTarget firstStop first
2018333%67%
2021450%50%
2022425%75%
202350%100%
20251050%40%
20261127%73%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the fibonacci bounce up is

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.

Imagine climbing a hill, sliding back about halfway, then catching your footing and climbing again. Fibonacci levels mark how far back price slid compared with the climb. A Fibonacci bounce up is when price slides back into the 50% to 61.8% zone and bounces.

The full fibonacci bounce up lesson, video and quiz ›

Other patterns on S&P 500

Inside bar · Stochastic bearish cross · Stochastic bullish cross · MACD bearish cross · Gap up · Spinning top · Gap down · RSI overbought drop · Doji · EMA 9/21 bullish cross · all of them

The fibonacci bounce up elsewhere

Dow Jones · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the fibonacci bounce up work on S&P 500?

In 41 cases on S&P 500, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 59%; 5% went nowhere within 12 candles.

What is the fibonacci bounce up?

After a big rise, price pulled back to the 50 to 61.8% zone and bounced.