Intermediate Trend
Intermediate
trend is the countercyclical trends within the confines of primary
bull market.
Anyone who has
looked at a price chart will notice that prices do
not move in a straight line. A primary upswing is
interrupted by several reactions along the way.
These countercyclical trends within the confines of
a primary bull market are known as intermediate
price movements.
Intermediate
trend
last from 6 weeks to
as long as 9 months, sometimes even longer, but
rarely shorter.
It is important to
have an idea of the direction and maturity of the
primary trend, but an analysis of intermediate
trends is also helpful for improving success rates
in trading, as well as for determining when the
primary movement may have run its course.
Short Term Trend
Short term
trends typically last from 2 to 4 weeks.
Short-term trends
typically last from 2 to 4 weeks, sometimes shorter
and sometimes longer. They interrupt the course of
the intermediate cycle, just as the
intermediate-term trend interrupts primary price
movements. Short term trends are usually influenced by random news events and are
far more difficult to identify than their
intermediate trend or primary trend.