A daily-rebalanced, SPY-focused strategy that uses momentum (RSI) and trend (200-day look) to allocate among leveraged longs (UPRO, TQQQ), hedges (UVXY, SPXU), and an anti-beta fund (BTAL), aiming for upside while limiting drawdowns through volatility-based hedges. It’s complex and levered, with frequent switchbacks based on RSI and trend checks.

In plain terms: the strategy watches SPY (the broad market). If SPY looks like it’s running strong (based on short-term momentum), it may add or change to hedged long bets rather than plain bets. If momentum is extreme or risk indicators spike, it shifts toward hedges (UVXY, BTAL) and/or inverse market exposure (SPXU) to limit losses. Decisions are driven by simple checks: is SPY’s momentum high (RSI over a threshold)? Is SPY above its long-term trend (roughly a 200-day average)? Do other leveraged ETFs (like TQQQ) show favorable momentum? The system then assigns weights among a small set of assets: UPRO (bullish levered), UVXY (volatility hedge), SPXU (inverse market), BTAL (anti-beta hedge), and occasionally assets like TQQQ, SPY itself, or SPY-related hedges. It rebalance daily, and at times it narrows to a single top pick based on an RSI ranking, potentially leaving cash or a very concentrated position. In short, it tries to chase upside with leverage but reduces risk through volatility and anti-beta hedges when signals indicate trouble.

Out-of-sample: annualized return ~81.6% vs SPY ~18.5%; Sharpe ~1.39; Calmar ~1.88. Levered momentum with volatility and anti-beta hedges targets superior growth with risk control, though stress drawdowns can be larger.