---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000863429.md"
description: "The markets are poised nicely amidst the selloff due to rates jitter. The broad market index and the QQQ are interestingly at the 38.2 retrace of their fourth wave whereas the SMH looks like a wave 2 at its 38.2. Crypto has just started their engines. Looks like the market might be preparing for a risk on melt up?"
datetime: "2026-08-21T06:17:52.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000863429.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000863429.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000863429.md)
author: "[dingdongbell](https://longbridge.com/en/profiles/21632870.md)"
generator: "portal-rs"
---

# The markets are poised nicely amidst the selloff d…


### Related Stocks

- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**