A rule-based, single-asset-at-a-time momentum strategy. It hedges with UVXY when SPY’s 10-day RSI is extremely high (>80); if not, it follows a ladder of RSI checks on other ETFs (QQQ, VTV, VOX, XLP, XLF, etc.) and may tilt into leveraged tech/semis (TQQQ, TECL, SOXX) when those signals fire. It uses cash-equal-like weighting in branches but effectively allocates to one asset per branch, with no scheduled rebalancing. Risks include UVXY’s volatility/decay and the effects of daily reset on leveraged ETFs.

- RSI is a momentum measure that tells you how strong recent price moves have been. A higher number means prices have risen quickly. The strategy uses a 10-day RSI for several ETFs. - The top rule checks SPY’s 10-day RSI. If SPY RSI > 80, the plan is to put 100% of funds into UVXY, a volatility hedge that tends to rise when market volatility spikes (a sign of risk). - If SPY RSI is not above 80, the strategy moves down a long ladder of alternative checks. Each step tests the RSI of another asset (like QQQ, VTV, VOX, XLP, XLF, etc.) against high thresholds (roughly 79–81). When a condition is true, the strategy assigns a full weight (100/100) to that asset (i.e., it becomes the sole position). - Some branches reference leveraged tech/semiconductor ETFs (TQQQ, TECL, SOXX) as potential targets when their RSI conditions pass, aiming for higher upside in favorable momentum environments. - The design uses “wt-cash-equal” in many branches, but the explicit weights shown are 100/100, meaning a single-asset exposure per branch. - Rebalancing is set to none, with a small corridor parameter, so there’s no automatic reallocation on a fixed schedule; changes occur only when a branch’s condition fires. - The overall intent is: hedge with UVXY during extreme market momentum (risk-off), otherwise seek higher-return exposures in tech/semis when momentum signals on those assets are favorable. - Important caveats: UVXY is a volatile, inverse-type exposure to market moves and can decay over time; leveraged tech/semis ETFs amplify both gains and losses and can suffer from daily reset effects. This strategy requires careful risk management and understanding of how RSI signals interact with ETF characteristics over the intended holding period.

Out-of-sample edge: Sharpe ~1.19 vs ~1.04, annualized return ~61% vs ~18%, Calmar ~1.44. Hedge with UVXY and opportunistic leveraged tech exposure—higher upside, but larger drawdowns than the S&P 500.