A daily-rebalanced, rules-based strategy using QQQ vs SPY momentum and an oversold RSI trigger to switch to levered QQQ (QLD). If not oversold, it tilts to SPY or SHY as needed. Aims to beat the market with lower drawdown and uses up to ~2x leverage during oversold dips.

On each trading day, the strategy selects a single asset to hold from QQQ, QLD, SPY, or SHY based on a simple hierarchy: - Step 1: Compare QQQ’s short-term trend to SPY’s longer-term trend using moving averages. If QQQ looks stronger, buy/hold QQQ. - Step 2: If Step 1 isn’t triggered, check if QQQ is oversold (RSI(10) < 30). If yes, switch to ProShares Ultra QQQ (QLD) to get roughly 2x exposure to QQQ for a potential rebound. - Step 3: If not oversold, compare QQQ and SPY again; if conditions favor SPY, tilt toward SPY; otherwise move to SHY (short-term Treasuries) as a safety/balanced option. - Rebalance is daily, and leverage is only used in the oversold QQQ path. This creates a rule-based, potentially higher-return, but higher-risk path when QQQ is oversold. The plan is designed to keep drawdown in check by using safer SHY as a fallback and by avoiding constant full leverage except in the oversold trigger. Backtested since 2006, with a simple cash-equivalency framework that keeps capital ready to shift to the strongest signal.

Out-of-sample edge: ~34% annualized returns vs ~22% for SPY, Sharpe ~1.36, Calmar ~1.32. A rules-based strategy that leverages only during oversold QQQ dips and uses SHY protection—offering higher upside with disciplined risk vs the S&P 500.