A daily-rebalanced dip-buying strategy that checks 1-year drawdowns for SPY and QQQ; if either is down >10%, it bets 3x on that index (via TQQQ); otherwise it holds the plain index. Exposed to equities with high leverage risk and path-dependence due to daily resets.

Layman's view of how it operates: 1) The system looks at two things separately: SPY (the broad U.S. stock market) and QQQ (the tech-heavy Nasdaq). It checks how much each has fallen over the previous year. 2) For SPY: if SPY’s price is down more than 10% over the last 365 days, the system buys the 3x-leveraged version of QQQ (TQQQ). If SPY hasn’t fallen that much, it buys SPY instead. 3) For QQQ: if QQQ’s price is down more than 10% over the last 365 days, the system buys TQQQ. If not, it buys QQQ. 4) The two decisions are combined and rebalanced every trading day, so you end up with a position that’s either TQQQ, SPY, or QQQ, depending on which signals fired. 5) The result is a concentrated equity exposure with a bias toward the levered-tech bet (TQQQ) when the market has experienced a meaningful drawdown in the past year, otherwise a regular exposure to the broad market (SPY) or tech market (QQQ).

Out-of-sample dip-buying strategy targeting higher upside than SPY via selective 3x QQQ bets after 1-year dips. Returns ~26% annually vs SPY ~22%, Sharpe ~1.18, Calmar ~1.52. Note: higher drawdown risk (~17%).