Why it might work
A new high in an established trend may signal continued momentum.
Leveraged ETF research · Research strategy
T04 · Technology channel breakout
Looks for an XLK breakout above its prior 55-day channel while the long trend is positive. The final study did not qualify this rule for selection.
TECL held or settled cash; XLK and other ETFs used only for signalsDailyLeveraged TECL fund; portfolio target at most 99%
The idea
How it works
Looks for an XLK breakout above its prior 55-day channel while the long trend is positive.
When it invests
Target 99% TECL when XLK closes above its prior 55-day high and 200-day average.
When it exits
Move to cash when XLK closes below its prior 20-day low.
What can go wrong
- TECL is leveraged and can lose value quickly, including while an exit signal waits for its next execution window.
- This candidate failed the study's qualification gates despite its simulated return.
Selected research result
T04 base-cost historical backtest
T04 produced a simulated historical return, but failed the finalized study's qualification gates. The result is research evidence, not an approved trading strategy.
Research history
Variants and recorded runs
Repeated and diagnostic runs remain accessible under their tested variant. No run is selected by highest return.
Continuous-Base1 result
T04 base-cost historical backtest
T04 produced a simulated historical return, but failed the finalized study's qualification gates. The result is research evidence, not an approved trading strategy.
Read result