Intermediate Trend and Short Term Trend

 
 

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.