If/when we have a final capitulation, the price will stay higher than the low we have already had . . . It's psychology, support has been identified, and everyone will be racing to beat everyone else and buy before we dip to the support. If it coincides with a series of bad news, then maybe we would dip below, not likely unless a very specific set of circumstances arises.
I'd say it's way too early to say. I don't think we have established support levels. We've had only one capitulation.