Yesterday has the makings of the start of capitulation, says Bob Iaccino. He reminds everyone that we are still in a bear market, so be mindful of that. He discusses how the next earnings session will be the one to look at, as there is is latent weakness within these earnings because inflation and higher interest rates aren’t baked in. He also talks about how to see full capitulation the VIX needs a sustained level. He then goes over how there may be a seasonal spike in gold futures (/GC) in May, and why it’s important to watch U.S. dollar futures (/DX). Tune in to find out more.