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 grandson eventually made it to the roof and waved down a rescue helicopter.
The pair were travelling near the outpost of Barrow Creek when Murdoch waved down their camper van.
"We got waved down by a police car almost immediately and I accepted the fine and three points there and then.
Friday, when a construction worker assigned to a road project in the area came across the wrecked car and waved down Sgt.