Crypto Flow Intel: Weekly recap 12/16/19

The Crypto Flow index gave up recent gains and is back at the bottom of the range,

CFx down -5%. Market makers will look to set a range between 1700 and 1900.

Only Zcash out performed the market significantly. The CFx MLRS indicator is currently

signaling market sell as the medium term down trend continues. We continue to press

our shorts while managing the possibility of a longer sideways consolidation.

CFx 90 Day

The bear market continues and we find ourselves at the bottom of the range.

CFx 1759.39 Market makers will look to set a range going forward.

The CFx Machine Learning Relative Strength (MLRS) indicator .9867 currently reads

market sell.

The weekly CFx leaders, Zcash (ZEC) gained 12%, QTUM advanced 1% and

NEO lost -1%. Meanwhile the CFx gave up -5% as a group in relatively correlated

performance.

The under performers this week, EOS lost -6%, Stellar (XLM) slipped -9% and

IOTA also gave up -9%. Compared to the CFx that lost -5% as a group.

ZEC 12%, QTUM 1%, NEO -1%, DASH -2%, ETC -2%, BCH -3%, BTC -5%, XRP -5%,

LTC -5%, TRX -5%, ETH -6%, EOS -6%, ADA -6%, XMR -6%, XLM -9%, IOTA -9%

CFx OBV continues to move in the bearish direction. Although the market is near 50% down

from the recent market high, HODLers should remain cautious until this measure turns.

This week saw buy a market buy sell signal from the CFx MLRS. As well as sell signals

from the Machine Learning Relative Strength indicators for Bitcoin (BTC), XRP, EOS,

Monero (XMR) and QTUM.