Wave

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Wave

A short-term movement that goes against the general trend. For example, if the DJIA rallies on a given trading day but overall is in the midst of a prolonged bear market, the rally is called a wave against the bearish tide.
References in periodicals archive ?
THE letters about knife crime prompted me to write about my son-in-law, who was coming home from a night out and trying to wave down a taxi when he was jumped by a guy with a knife.
Two officers had tried to wave down the rider - who has not been named - but he refused to stop, so they gave chase and alerted the force aircraft.
The horrified teenager got out and stood by the body while her boyfriend Ed Olding, 21, tried to wave down motorists for help.