A rule-based momentum strategy that toggles between a leveraged Nasdaq tech bet (TQQQ) and a volatility hedge (UVXY), driven by short-term RSI signals across multiple sectors, with a cash hedge for drawdowns.

Plain-language flow: - The system checks very short-term momentum (RSI on a 10-day window) for several tickers: TQQQ (the Nasdaq 3x levered ETF) and proxies XLK (tech sector), VOX (communications sector), and VTV (value), plus UVXY (volatility hedge) and BIL (short-term cash). - If RSI_10(TQQQ) > 79 (very strong recent momentum in TQQQ), the model places a small 10% weight into UVXY (a hedge that tends to rise when volatility spikes). - If that condition isn’t met, it checks RSI_10(XLK) > 79; if true, it also adds UVXY at 10%. - If still no signal, it checks RSI_10(VOX) > 79, then RSI_10(VTV) > 79, each potentially triggering a 10% UVXY position. These create a lightweight hedge when major assets look overheated. - Separately, there’s a strong-oversold rule: if RSI_10(TQQQ) < 30 (tech is oversold on a 10-day lookback), the model shifts toward a 100% long tilt in TQQQ (full exposure to the tech-levered bet). - There are risk controls: if the 1-day cumulative return of TQQQ is above 5.5%, or if the 6-day cumulative return of TQQQ is worse than -12%, the logic acts to reduce aggressive exposure and may favor cash (via BIL). - The system operates with a small 5% corridor (rebalance-corridor-width 0.05), meaning only modest deviations from target weights get rebalanced; there is no continuous mid-period rebalancing unless a new signal is generated. - Bottom line: the strategy aims to ride tech strength with TQQQ while using UVXY as a conditional hedge when momentum signals across several sectors become extreme, and it steps to cash under clear short-term drawdown conditions.

Out-of-sample: 22.45% annualized vs 19.40% for the S&P, with a near-1 Calmar and a conditional UVXY hedge. Captures tech upside while rules curb drawdowns and preserve cash.