A daily, momentum-driven rotation between eight levered long ETFs (e.g., HIBL, NUGT, EDC, URTY, TNA, FAS, DRN, LABU) and their bear peers, with an optional TMF Treasury momentum filter. Uses short-term RSI signals to decide which basket to hold, and weights exposure toward the chosen basket with some cash. High risk and costs due to leverage and daily rebalancing.

- Every trading day, the strategy runs a set of RSI-based momentum screens. - It has two variants: a TMF-checked version (to gate the long tilt with Treasury momentum) and a TMF-free version. Each variant carries a different aggressiveness weight (roughly 80% or 90% exposure to the chosen basket). - The screens compare momentum between different ETFs. When certain RSI relationships are positive (e.g., equities showing stronger momentum than bonds, and certain large-vs-small-cap momentum signals), the model chooses a long basket of eight levered ETFs: HIBL, NUGT, EDC, URTY, TNA, FAS, DRN, LABU. - If the momentum signals flip to negative (or the opposing bear condition is met), the model switches to the bear basket: HIBS, DUST, EDZ, SRTY, TZA, FAZ, DRV, LABD. - Within each chosen basket, weights are managed by a cash-allocation rule (wt-cash-equal), aiming to allocate the majority of capital to the basket while keeping some cash exposure to reduce risk. In the TMF-checked variant, a separate rule requires TMF’s RSI to be above 60 to approve long exposure; if not, the bear side may be favored. - Lookback periods: Momentum is assessed with relatively short windows (roughly 10–16 days for RSI comparisons, and about 15 days for asset momentum screens). - Goal: Try to ride short-term uptrends in a group of levered ETFs when the market shows leadership in equities, and protect the downside by switching to bear exposures when momentum weakens. - Important notes for a layman: RSI is a momentum gauge that says whether something has been rising or falling quickly; higher numbers often mean stronger up-moves. Leveraged ETFs amplify moves and can lose value quickly in flat or choppy markets, so this is a tactical, not a buy-and-hold, approach. - Summary of behavior: The system is a daily rotation between a bull-tilted leveraged basket and a bear-tilted basket, guided by short-term momentum signals, with an optional Treasury momentum gate for the long side.

Out-of-sample: ~17.7% annualized return, Sharpe ~0.58, Calmar ~0.36. A tactical, momentum-driven rotation among levered longs and bears to capture trend upside and diversify risk. Note: max drawdown ~49% vs SPY ~19%.