SOXL OS is a daily, binary strategy: if SOXL’s 10-day RSI is below 31, invest 100% in SOXL (levered semiconductor exposure); otherwise, park 100% in BIL (cash proxy). Rebalances daily. Simple, momentum-based, with leverage and cash fallback.

1) Each day, measure the momentum of SOXL using a 10-day RSI (a way to see if the price move is strong or weak). 2) If RSI(10) of SOXL is below 31, treat the market as oversold and allocate 100% of your capital to SOXL (the leveraged semiconductor ETF). 3) If RSI(10) is 31 or higher, treat the market as not oversold and allocate 100% of your capital to BIL (the 1-3 month Treasury bill ETF, a cash-like holding). 4) Rebalance daily, so every day you reassess and switch fully between SOXL and BIL as dictated by the RSI signal. 5) The strategy uses no other assets or diversification; it’s a binary decision between a highly volatile levered equity exposure and a cash proxy. 6) RSI explanation (in plain language): RSI looks at price changes over the last 10 days and tells you whether the asset has been gaining or losing momentum recently. Values below 50 suggest weaker momentum; values near 30 or below suggest the price may have declined too far and could bounce; values above 70 suggest strong upward momentum. The threshold of 31 is a conservative oversold signal.

Binary oversold-trigger SOXL strategy offers outsized upside: ~46.5% annualized out-of-sample returns vs ~23% for the S&P, with a Calmar of 1.68. Expect higher volatility and drawdowns (~28%), but meaningful tech-cycle gains.