Unlike many "professional" traders - I (as an intermediate trader - with strategy and money management system in place) can point out the fact, that capitulation occurs when even HODLERS loose hope. We are in a bear market - we all witness lots of doubt and confusion. If you look at the monthly volume you see we are far from the bottom - a lot of people still hope for a bounce - and here it is (few green candles and nice profits over the course of last few days indeed). However ... look again at such popular wallstreet cheat sheet... if we already did hit a bottom... there will be a retest in coming weeks (just a thought).
Regards!
Regards!
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