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 classic literature ?
And how strange is this marvel, and how awful -- that to the one per- ception it is enchanted and dight in a base and shame- ful aspect; yet to the perception of the other it is not enchanted, hath suffered no change, but stands firm and stately still, girt with its moat and waving its ban- ners in the blue air from its towers.
While it was going on they sat and looked as rapt and grateful as cats do when one strokes their backs; and whenever the curtain fell they rose to their feet, in one solid mighty multitude, and the air was snowed thick with waving handkerchiefs, and hurricanes of applause swept the place.
And at the zenith of his fame, how he would suddenly appear at the old village and stalk into church, brown and weather-beaten, in his black velvet doublet and trunks, his great jack-boots, his crimson sash, his belt bristling with horse-pistols, his crime-rusted cut- lass at his side, his slouch hat with waving plumes, his black flag unfurled, with the skull and crossbones on it, and hear with swelling ecstasy the whisperings, "It's Tom Sawyer the Pirate