A daily, short‑term volatility strategy that switches among SVIX (vol down), VXX (vol up), and BIL (cash). It uses SPY’s RSI extremes and “overheated market” checks (TQQQ, SPY, FAS, XLP, XLY), and scales exposure down when VIX is very calm.

Each day the strategy picks one of three: bet on volatility falling (SVIX), bet on volatility rising (VXX), or sit in T‑bills (BIL). It reads SPY’s “speedometer” (RSI) over 2–10 days: very low → SVIX; very high → VXX; otherwise BIL. A second check watches overheated areas (TQQQ, SPY, FAS, XLP, XLY). If overheated → VXX. If tech just fell hard and the spike is fading → SVIX; if the spike is still on or after a sharp rebound → BIL. When VIX is unusually calm, it shrinks exposure a lot.

Out-of-sample edge: annualized return ~79% vs SPY ~56%, Sharpe ~3.03, Calmar ~12.17. A daily, volatility-aware strategy that tilts to SVIX/VXX and cash, offering higher risk-adjusted upside across market regimes than the S&P 500.