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.
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References in periodicals archive ?
THE 19-year-old lock is certainly making waves down at Stradey.
A north-east band is set to make waves down south this weekend with a gig lined up in London.
She waves down at Sidda like she has just spotted an old buddy.
But before the loved-up pair hit the waves Down Under at Christmas, they're heading back to Israel while the former Home & Away star finishes her conversion to Judaism...