Daily-rebalanced, cash-equal strategy using short-term momentum and volatility signals to allocate among 3x levered ETFs (TQQQ, SPXL, UPRO) and hedges (SQQQ, UVXY, TLT) with a SPY 200-day trend filter, aiming to beat TQQQ while limiting risk.

- It starts with cash visibility and aims to allocate to a 3x levered equity ETF or a hedge rather than staying fully in cash. - A volatility gauge (UVXY) measured by a 10-day RSI helps decide if risk-off conditions are present. Very high readings push the model toward hedges or cash. - A trend check uses SPY’s current price against its 200-day moving average. If SPY is above the 200-day MA, the model generally allows more exposure to leveraged equity. - Short-term momentum signals on levered ETFs (like TQQQ, SPXL, UPRO) are evaluated with a 10-day RSI. Extremely low readings can trigger hedges or switch to inverse/defensive assets (e.g., SQQQ, TLT). Conversely, favorable momentum can tilt toward a long levered ETF. - A top-momentum filter selects the strongest candidate among a set of assets (based on another RSI/momentum metric) and that asset becomes the main holding for the period. - The plan rebalances daily, re-evaluating the signals and potentially shifting weight between cash, hedges (UVXY, SQQQ, TLT), and levered ETFs (TQQQ, SPXL, UPRO). - The ultimate objective is to beat TQQQ over time by using selective exposure to levered ETFs only when signals align, while using volatility and trend-based hedges to limit drawdown.

Out-of-sample upside: ~165% annualized return with a Sharpe ~2.21 and Calmar ~7.18, via disciplined leverage, volatility hedges, and a SPY trend filter—aimed at higher upside than SPY with managed risk.