Capitulation is the final selling in a bear market where even the most ardent bulls give up.
They stop trying to pick the bottom while emotions everywhere run so high that people want to sell everything without regard to price.
We can tell when the market experiences capitulation because prices of just about every stock tumble together on soaring volume.
Stocks can languish at low levels for weeks and months before a new bull market can begin. That’s why we call it capitulation.
One way to go is to take smaller bites in a market that has already shown capitulation but has not really established any sort of bullish trend.
Source: Money Morning
https://dailytradealert.com/2020/03/29/ ... lly-means/