Weekly Recap 1/25/20

The Crypto Flow Index saw profit taking early in the week, then continued in a bearish direction to wrap it up.  CFx down -6%. Overall exchange volumes remain low and have decreased since the rally. While the market appears to be consolidating, be cautious.  CFx on balance volume has reached new lows. The CFx MLRS indicator now market sell since Friday, 1/24. 

CFx 90 Day Trend

The Crypto Flow Index trend analysis seems to favor a volatile consolidation.  CFx 2083.57 The CFx has failed thus far to push into the 2400 range. Look for more consolidation in the coming week.  Medium term downside risk remains relatively low at this point in the cycle.

CFxMLRS Intel

The CFx Machine Learning Relative Strength (MLRS) indicator 0.9871 currently reads market sell.  The current signal (2078.31) is 1 day old. The previous signal yielded 18.79%. Machine Learning Relative Strength has reliably managed these markets simultaneously with confidence.

CFx Leaderboard

The weekly CFx leaders, Cardano (ADA) flat 0%, IOTA flat 0% and Ethereum (ETH) down -4%.  Meanwhile the CFx was down -6% as a group.

CFx Weekly Basement

The under performers this week, NEO down -11%, Bitcoin Cash (BCH) lost -13% and Zcash (ZEC) gave up -19%.  Compared to the CFx, down -6% as a group.

CFx weekly results - CFx down -6%

ADA 0%, IOTA -0%, ETH -4%, BTC -5%, XLM -6%, XRP -7%, EOS -7%, TRX -7%, XMR -10%, ETC, -10%, QTUM -10%, LTC -11%, DASH -11%, NEO -11%, BCH -13%, ZEC -19%

Crypto Flow Index MLRS Profile

This week saw a market sell signal from the CFx MLRS.  We also managed sell signals from Bitcoin (BTC), XRP, Bitcoin Cash (BCH), EOS, Litecoin (LTC), Tron (TRX), Zcash (ZEC), Monero (XMR), NEO and QTUM.

Weekly Recap 1/18/20

The Crypto Flow Index broke out of its trading range and the bulls continue to march forward, CFx up 13%.  We are cautiously optimistic, exchange volumes are up but remain relatively tepid. While some participants have been surprised by the rally, the CFx MLRS indicator has been market buy since January 4, so we have enjoyed remarkable gains by the favorites. See the leaders and lager sections below. 

CFx 90 Day

The Crypto Flow Index trend analysis is encouraging yet we remain cautious.  CFx 2250.06 The CFx needs to push above 2400 before we could begin to call the beginning of a new bull trend.  “Out of the channel, but not out of the woods.”

CFxMLRS Intel

The CFx Machine Learning Relative Strength (MLRS) indicator 1.0665 currently reads market buy.  The current signal (1746.71) is 13 days old and returned 28.8%. Which is unimpressive when compared to this week's returns from the FOMO leaders.  Only Machine Learning Relative Strength can reliably manage these markets simultaneously with confidence.

CFx Leaderboard

The weekly CFx leaders, DASH gained 100%, Ethereum Classic (ETC) advanced 89% and Zcash (ZEC) rose 79%. Meanwhile the CFx was up 13% as a group.

CFx Weekly Basement

The under performers this week, Ethereum gained 19%, XRP rose 13% and Bitcoin advanced 9%.  Compared to the CFx, up 13% as a group.

CFx weekly results - CFx up 13%

DASH 100%, ETC 89%, ZEC 78%, BCH 37%, EOS 34%, XLM 28%, LTC 27%, IOTA 26%, ADA, 24%, QTUM 23%, TRX 22%, XMR 21%, NEO 21%, ETH 19%, XRP 13%, BTC 9%

Crypto Flow Index MLRS Profile

This week was quiet and saw no market signal from the CFx MLRS.  We are currently long all assets in the index.

Weekly recap 1/6/20

The Crypto Flow Index continued to cover a range last week, CFx flat 0%.  We tested

the lows and again found support around 1700. Volumes remain low so expect

consolidation in the range of 1700 to 1900.  The CFx MLRS indicator is currently

signaling market buy along with all other assets that compose the index. If the

consolidation period drags on with lower volumes, we will continue to

accumulate assets.

CFx 90 Day

The CFx continues to move mostly sideways.  CFx 1863.17 Now 45 days in a

range. Volumes remain low so expect consolidation to continue until we breakout

above 1900 to the 2000’s.  We see this as normal market cycling in the historical

crypto bull trend.

CFxMLRS

The CFx Machine Learning Relative Strength (MLRS) indicator 1.0192 currently reads

market buy.  

CFx Leaders

The weekly CFx leaders, Monero (XMR) gained 19%, DASH advanced 15% and Zcash

(ZEC) rose 6%.  Meanwhile the CFx was flat 0% as a group.

CFx Laggers

The under performers this week, Tron (TRX) lost -1%, NEO slipped -2% and QTUM

gave up -2%.  Compared to the CFx, flat 0% as a group.

CFx weekly results - CFx flat 0%

XMR 19%, DASH 15%, ZEC 6%, BCH 5%, ETC 5%, IOTA 2%, ETH 1%, LTC 1%,

ADA 1%, BTC 0%, EOS 0%, XRP -1%, XLM -1%, TRX -1%, NEO -2%, QTUM -3%

CFx On Balance Volume

CFx OBV continues to put in a bottom.  HODLers should continue to add their favorite

cryptos to wallets.  The long term bull market remains healthy and intact.

Crypto Flow Index MLRS Profile

This week saw a market buy signal from the CFx MLRS.  We are currently long all assets

in the index.