A highly aggressive, long-run strategy aiming for roughly 3x SPY by switching between SPXL, SPXU, UVXY, and TLT based on short-term momentum and price signals, with no fixed rebalancing schedule and a single-asset-at-a-time allocation. It emphasizes leverage, momentum, and hedging to pursue upside while attempting to cap drawdowns.

Plain-language description: - Goal: aim for about 3x SPY over the long run using SPXL, while using hedges to limit big losses. - How it decides what to hold: it uses a sequence of rule checks based on momentum and price signals. - Key signals: short-term RSI (10-day) on proxied assets (notably TQQQ and SPXL), recent price behavior relative to moving averages, and very short-term returns (e.g., 5-day SPY return). - Assets it may pick: SPXL (3x long S&P 500), SPXU (3x inverse S&P 500), UVXY (volatility-related ETF), TLT (long-dated Treasuries), SPY (baseline for signals). Sometimes a Nasdaq-group note appears in the logic, but the practical result is a single asset chosen at a time. - How it rebalances: no fixed schedule; reallocation happens when a rule is triggered within the nested decision tests (rebalance-corridor-width exists in the settings but is effectively not used for regular rebalancing). - Risk and leverage: the strategy uses leverage (3x) which amplifies gains and losses; volatility hedges (UVXY) and bonds (TLT) are used to mitigate drawdowns in stressed markets. The approach is best understood as a tactical, momentum-driven, single-asset-at-a-time tilt rather than a diversified long-only or regularly rebalanced portfolio.

Targeting far higher upside than SPY with 3x SPXL and hedges (UVXY/SPXU/TLT). OOS: ~52% annualized vs ~21% SPY; solid risk-adjusted metrics (Calmar ~1.16, Sharpe ~1.17). Higher upside, accept larger drawdowns.