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Symphonies
SPY 7d RSI
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Switches among SPY, SPXL, and UVXY using a 7‑day RSI on SPY: buy leveraged SPXL when oversold, buy UVXY when overbought, otherwise hold SPY. Seeks rebounds and volatility spikes with high-risk funds.
NutHow it works
It uses SPY as the market gauge. It checks SPY’s 7‑day RSI, a 0–100 read of recent buying vs selling (low = very weak, high = very strong). If RSI < 25, buy SPXL (3x S&P 500) to play a rebound. If RSI > 85, buy UVXY, which tends to jump when stocks fall and fear rises. Otherwise hold SPY. SPY/SPXL = broad U.S. large-cap stocks; UVXY = market volatility. Trades only when signals change.
CheckmarkValue prop
Out-of-sample edge: ~29% annualized return vs SPY ~17.6%, with Calmar ~1.04. RSI(7) signals steer 3x SPXL or UVXY for rebounds and volatility spikes, delivering stronger upside with disciplined risk management.

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Invest in this strategy
OOS Start Date
Jun 18, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Tactical allocation, rsi signal, s&p 500, leveraged etfs, volatility trading, mean reversion
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"SPY 7d RSI" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SPY 7d RSI" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SPY 7d RSI" has returned 25.17%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SPY 7d RSI" is 27.93%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "SPY 7d RSI", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.