A tactical, levered Nasdaq tilt that selects among four TQQQ/PSQ allocations using a short-term momentum screen, then chooses between a Nasdaq-bullish or Nasdaq-bearish path based on a bond vs. bear-QQQ momentum signal. No fixed calendar rebalance; aim is to chase the single most oversold levered position among the candidates, with amplified risk due to leverage.

Plain-language overview: - The strategy trades two ETFs: TQQQ (a 3x levered bet on Nasdaq QQQ) and PSQ (an inverse bet on QQQ). PSQ goes up when QQQ goes down. Together they form a levered long/short stance on Nasdaq. - It defines four candidate allocations between these two: 70/30, 80/20, 90/10 (long-leaning) and 100% TQQQ (all-in on Nasdaq up moves). In the other tilt it can tilt toward PSQ with 30/70, 20/80, 10/90 or 70/30, 80/20, 90/10, depending on the branch. - A market signal gate uses RSI signals to decide which tilt to apply. It compares RSI(IEF,10) to RSI(PSQ,20) (IEF = iShares 7–10 Year Treasury Bond ETF). If the bond RSI is higher (bonds showing stronger momentum) than the PSQ RSI, the strategy selects the “bullish QQQ” branch; otherwise it selects the “bearish QQQ” branch. This is a simple way to try to time risk-on vs risk-off conditions using a bond signal versus a QQQ-backed bear signal. - Within the chosen tilt, the strategy looks at the four candidate allocations and computes a short-term momentum score (RSI with a 5-day lookback) for each. It then picks the single candidate with the lowest RSI (the most oversold or weakest momentum) and implements that allocation fixed by the candidate (e.g., 70% TQQQ / 30% PSQ means 70% of capital in TQQQ, 30% in PSQ). - Rebalancing isn’t on a fixed calendar. It re-evaluates when signals change and uses a small rebalancing tolerance (corridor width of 0.01) so tiny moves don’t trigger churn. - In short: the system tries to catch a bounce from the most oversold levered Nasdaq-related position, but it also shifts between a more risk-on Nasdaq tilt and a more risk-off Nasdaq tilt based on a bond vs bear-QQQ momentum check. It’s an aggressive strategy due to the 3x leverage and the use of short-term momentum signals.

Levered Nasdaq momentum tilt targets outsized upside: oos annualized return ~66% vs SPY ~24%, Calmar ~1.37. Strong risk-adjusted edge, but larger drawdowns (~48% vs ~19%).