I don't think we've seen capitulation yet. HF's have been dumping heavily in the last few sessions. Once margin calls happen, if not already happening, we should see "Sell what you can, instead of sell what you want". Gold already dipped on Friday and Bitcoin now just broke $80,000. What many forget is that Gold might be the best or only hedge out there but the margin clerks run the show now. But you never know, it's basically Trump vs China now and it doesn't look like either is budging at the moment.
Personally, I am not smarter than the moving averages and they are all pointing down.