Chart of the Day - Thursday, February 5, 2026

🏆 Today’s Chart of the Day was shared by Alfonso De Pablos (@AlfCharts).
 

• The benchmark for speculative growth, ARK Innovation ($ARKK), is completing a multi-month head-and-shoulders top.
   
• Price has to failed to hold a confluence of support, being the h&s neckline and the VWAP anchored from the April lows. 
   
• The measured move of this top targets roughly $50, which would be an additional -25% drop from current levels. 

The Takeaway: Speculative growth remains under pressure, with $ARKK breaking down from a meaningful top.