A complex, rule-based strategy that moves between cash/bonds and leveraged tech bets using momentum (RSI) and trend (200-day MA) signals, with a focus on bonds as ballast and volatility hedges for risk control. It operates via nested decision trees to pick among cash, bonds, and high-beta levered ETFs depending on market momentum across several assets.

The strategy follows a two-track logic. First, it checks the market’s trend (is the broad market price (SPY) above its long-term average? If yes, the door opens for taking risk; if no, it shifts toward safer assets like bonds or cash). Second, within the trend-enabled state, it uses momentum signals (mostly RSI) on various assets (including volatility proxies like UVXY, broad-market ETFs like SPY/QQQ, and bond/baseline proxies) to decide whether to tilt toward defensive positions (cash, short-term bonds) or toward aggressive, levered bets (SOXL, TQQQ, TECL, etc.). A recurring motif is to balance or equalize cash exposure across conditions, and to group certain high-beta assets under a “LONG” theme when momentum is favorable. The system thus alternates among: cash/bonds, moderate equity exposure, and aggressive leveraged bets, with occasional hedges via volatility-related products. Because the rules are nested and interconnected, the exact asset chosen at any moment depends on a chain of condition checks (RSI levels, price vs. 200-day MA, and cross-asset RSI comparisons). The “rebalance: none” setting means positions aren’t rebalanced on a fixed schedule; changes occur only when a condition fires, which can lead to long stretches in a single stance unless a trigger is hit. In plain terms: it’s a momentum-and-trend driven switchboard between safety (cash/bonds) and aggressive bets (leveraged ETFs), designed to catch upside in strong regimes while defending against downsides with hedges and ballast. This is not a simple buy-and-hold strategy; it’s a decision tree that chops exposure based on how momentum and trend look across a basket of assets, with emphasis on bond-related ballast and volatility hedges during uncertain times.

Out-of-sample, this strategy seeks bigger upside with bond ballast and hedges. It delivers ~31.7% annualized return vs ~19.8% for the S&P, with a Calmar ~0.65—offering strong upside with risk controls, though drawdowns and Sharpe may lag.