An intermediate trend is a reflection of Trader's attitudes and feelings towards a business cycle that develop anywhere from 6 weeks to several months, or longer.
They are not viewed as important as primary movements, but can be helpful to identify in stock trading, options trading, and futures trading, particularly when dealing with bullish or bearish markets. Also referred to as an intermediate movement.
Closely related terms: Primary Trends, Minor Trends
See also: trendline, support, resistance, trend channel, downtrend, uptrend, and Dow theory.