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Symphonies
10d RSI < 31
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Buy 3× tech (TECL) only when a 10‑day weakness signal on TQQQ says tech is oversold (<31 RSI). Otherwise sit in SHV (cash‑like Treasuries). Checked daily. Tries to buy tech dips and avoid chop; very high risk when in TECL.
NutHow it works
Each day, it checks a quick strength/weakness score (RSI) for TQQQ, a fund that moves about 3× the Nasdaq‑100 (big U.S. tech). RSI runs 0–100; low means recent losses have dominated. If the 10‑day RSI is very low (<31 = oversold), it buys TECL, another 3× tech fund, to try to catch a rebound. Otherwise it holds SHV, a short‑term Treasury fund (cash‑like). Rebalanced daily; TECL can swing a lot.
CheckmarkValue prop
Out-of-sample upside with a disciplined tech tilt: 32.45% annualized vs 22.21% S&P; Calmar ~1.38. Daily RSI-triggered TECL entries with SHV hedge aim for big rebounds while keeping risk in check.

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Invest in this strategy
OOS Start Date
Jan 17, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical timing, mean reversion, rsi signal, leveraged tech etfs, nasdaq/tech exposure, defensive cash/treasuries, daily rebalance
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SHV
iShares Trust iShares 0-1 Year Treasury Bond ETF
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"10d RSI < 31" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"10d RSI < 31" is currently allocated toSHV. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "10d RSI < 31" has returned 37.97%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "10d RSI < 31" is 23.50%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "10d RSI < 31", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.