Crypto Flow Intel Weekly recap 11/25/19

The bears were in full control of crypto markets last week, CFx down -20%.  All assets in the

index are seeking new levels to consolidate, expect elevated volatility through the bounce. 

We have been market short for some time now and are enjoying profits on exchanges that

offer borrowing. All assets in the index were highly correlated, performance throughout the

week was similar regardless of the fundamental view.

CFx 90 Day

The Crypto Flow Index (CFx) broke through all support and is currently seeking a bounce.  

CFxMLRS

The CFx Machine Learning Relative Strength (MLRS) indicator .9292 has been in market sell territory for 17 days now, since 11/08.  We continue to press shorts with all assets in the CFx.

Index Leaders This Week

For the week, XRP was down -16%, Bitcoin (BTC) lost -19% and Ethereum Classic

dropped -20%. Meanwhile the CFx was down -20% as a group.

CFx weekly results - CFx down -6%

XRP -16%, BTC -19%, ETC -20%, XLM -22%, ADA -22%, XMR -22%, IOTA -22%,
ETH -24%, BCH -24%, QTUM -24%, ZEC -24%, DASH -25%, LTC -26%, NEO -26%,
TRX -27%, EOS -29%

CFx On Balance Volume

The direction lower accelerated this week as the bulls capitulate.

Crypto Flow Index MLRS Profile

This week saw sell signals from the Machine Learning Relative Strength indicators for NEO and

Cardano (ADA).  Short positions across the board have been profitable.