A daily, momentum-based, two-path strategy: bullish SPY signal → SPMO + a diversified 5-ETF basket; weaker signal → an alternative 5-ETF basket focused onLower-volatility and alternatives; rebalances daily with equal weights.

- The strategy runs daily and starts with all cash. It splits the cash evenly between two main paths based on a SPY momentum test. - Decision test: is the 21-day exponential moving average of SPY higher than the 200-day simple moving average of SPY? If yes, the market is considered bullish. If not, it’s considered less bullish. - Bullish path (true): allocate 50% to SPMO (momentum exposure on the S&P 500) and allocate the other 50% across five alternative assets (GLD, DBMF, KMLM, CLSE, SDCI) with equal weights (roughly 10% each if split 50/50). These five assets are grouped and are treated as a single diversification bucket with a 100-day window parameter guiding the group’s lookback context, but the actual daily weights within the group are equal and rebalanced daily. - Bearish path (false): allocate evenly across five assets (DBMF, KMLM, ACWV, USMV, GLD) with equal weights (roughly 20% each if split evenly) and rebalance daily. - All allocations are implemented via ETFs, so you effectively own a diversified mix of stock-momentum exposure, gold, managed futures, volatility/low-volatility factors, and commodity/alternative strategies depending on the signal. The exposure is rebalanced daily to maintain equal weights within the chosen basket.

Out-of-sample, this strategy beats SPY on risk-adjusted terms: Sharpe 3.18 vs 2.38, drawdown 4.34% vs 6.33%, Calmar ~8.42. Diversified momentum/alternatives with daily rebalancing offer steadier growth and downside protection.