A daily, one-asset-at-a-time, RSI-influenced strategy that buys leveraged equity plays on dips and hedges on rips, with UVXY replaced by VXX to avoid K-1s.

What it does in plain language: - It considers a broad mix of assets (popular ones like SPY, QQQ, and leveraged/hedged ETFS; plus cash proxies and a few other funds). - Every day it looks for momentum signals. It uses a simple rule: if an asset has shown strong recent strength (or is showing a dip with potential for rebound), it may be favored; if it’s run up a lot, it may be avoided or hedged. - The decision process is built as a ladder of tests (if this, then that). The most important outcome is to pick one asset to own 100% of the portfolio for that day (weight 100/100). - It uses RSI (a momentum gauge) and moving-average momentum checks to guide these picks, along with short-term comparisons to other assets. - When conditions favor risk-off (or when momentum looks stretched to the upside), the strategy shifts toward hedges or cash-like instruments (e.g., short-term Treasuries). When conditions favor risk-on, it may tilt toward leveraged equity exposure. - UVXY references are replaced with VXX to avoid K-1s in tax reporting. - It rebalances daily, so the position can change every day, which magnifies both upside and downside and increases trading costs and slippage risk. - The stated goal is to capture sharp moves by riding the dips and exiting on strong rallies, rather than holding a diversified mix over long periods.

Out-of-sample, this strategy targets stronger upside with risk control: annualized return ~46.7% vs SPY ~18.2%, Calmar ~1.07, Sharpe ~1.03. Drawdowns ~43.8% vs ~18.8%; daily RSI-driven dip-buy with hedges to capture big moves.