Reporting Period: March 2 – March 31, 2026 1. Monthly Overview March marked the first regime transition since the launch of the MTS framework. From a regime perspective, the month began under the Up regime , supported by relatively strong earnings momentum. However, in mid-March, a deterioration in Earnings Strength  caused the MTS score to fall below the threshold required to sustain the Up regime. This triggered the first regime shift from Up to Neutral , leading to the sys

Period: 2026-03-28 ~ 2026-04-02 (Friday close basis) Current Regime: Neutral Asset Allocation: SPYM: 30% TLT: 20% SGOV: 50% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) Weekly Return -1.36% -2.28% +0.92% YTD Return -9.57% -10.73% +1.16% Current Drawdown -9.57% -10.73% +1.16% ※Performance is reported for record-keeping purposes only and should be interpreted using the framework defined in Pe

Period: 2026-03-21 ~ 2026-03-27 (Friday close basis) Current Regime: Neutral Asset Allocation: SPYM: 30% TLT: 20% SGOV: 50% Action This Week: Regime Change: Up → Neutral Rebalanced portfolio following regime shift. First regime change since system launch. ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -1.98% -2.23% +0.25% -1.77% -2.02% +0.25% YTD Return -8.32% -8.64% +0.32% -5.11%

Period: 2026-03-14 ~ 2026-03-20 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -1.66% -2.07% +0.41% -1.18% -1.59% +0.41% YTD Return -6.47% -6.56% +0.09% -3.40% -3.49% +0.09% Current Drawdown -6.47% -6.56% +0.09% -4.25% -4.22% -0.03% ※Performance is reported for record-k

Period: 2026-03-07 ~ 2026-03-13 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -1.67% -1.50% -0.17% -0.81% -0.64% -0.17% YTD Return -4.89% -4.58% -0.31% -2.25% -1.92% -0.33% Current Drawdown -4.89% -4.58% -0.31% -3.11% -2.67% -0.34% ※Performance is reported for record-k

Period: 2026-02-28 ~ 2026-03-06 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -1.97% -1.98% +0.01% +1.12% +1.11% +0.01% YTD Return -3.28% -3.13% -0.15% -1.45% -1.29% -0.16% Current Drawdown -3.28% -3.13% -0.15% -2.31% -2.04% -0.23% ※Performance is reported for record-k

Reporting Period: February 2 – February 27, 2026 1. Monthly Overview February was the second full month of 2026 operations under the MTS framework. From a regime perspective, the month was also stable. Starting Regime: UP Ending Regime: UP Regime Changes: 0 Final YTD Return (MTS $): -1.33% Final YTD Return (SPY $): -1.16% Alpha vs SPY ($): -0.17% Maximum Drawdown (MTS $): -1.33% Although performance remained modestly negative, February served as a quiet stress test for the mo

Period: 2026-02-21 ~ 2026-02-27 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -0.42% -0.50% +0.08% -0.88% -0.96% +0.08% YTD Return -1.33% -1.16% -0.17% -2.53% -2.37% -0.16% Current Drawdown -1.33% -1.16% -0.17% -3.39% -3.11% -0.28% ※Performance is reported for record-k

Period: 2026-02-14 ~ 2026-02-20 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return +1.06% +1.13% -0.07% +1.43% +1.49% -0.06% YTD Return -0.92% -0.67% -0.25% -1.66% -1.42% -0.24% Current Drawdown -0.92% -0.67% -0.25% -2.53% -2.17% -0.36% ※Performance is reported for record-k

Period: 2026-02-07~ 2026-02-13 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -1.11% -1.28% +0.17% -2.63% -2.80% +0.17% YTD Return -1.96% -1.78% -0.18% -3.05% -2.87% -0.18% Current Drawdown -1.96% -1.78% -0.18% -3.90% -3.61% -0.29% ※Performance is reported for record-ke

Reporting Period: January 5 – January 30, 2026(Friday close basis) 1. Monthly Overview January was the first full month of 2026 operations under the MTS framework.From a regime perspective, the month was remarkably stable. Starting Regime: UP Ending Regime: UP Regime Changes: 0 Final YTD Return (MTS $): -0.86% Final YTD Return (SPY $): -0.50% Alpha vs SPY ($): -0.36% Maximum Drawdown (MTS $): -0.86% Although the portfolio experienced a modest negative return, the system behav

Period: 2026-01-31~ 2026-02-06 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -0.36% -0.20% -0.16% +0.53% +0.70% -0.17% YTD Return -0.86% -0.50% -0.36% -0.43% -0.06% -0.37% Current Drawdown -0.86% -0.50% -0.36% -1.31% -0.83% -0.48% ※Performance is reported for record-ke

Period: 2026-01-24~ 2026-01-30 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -0.05% +0.40% -0.45% +0.26% +0.70% -0.44% YTD Return -0.50% -0.30% -0.20% -0.95% -0.76% -0.19% Current Drawdown -0.50% -0.30% -0.20% -1.83% -1.52% -0.29% ※Performance is reported for record-kee

Period: 2026-01-19~ 2026-01-23 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary: MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -0.22% -0.35% +0.13% -2.08% -2.21% +0.13% YTD Return -0.45% -0.70% +0.25% -1.21% -1.46% +0.25% Current Drawdown -0.45% -0.70% +0.25% -2.08% -2.21% +0.13% ※Performance is reported for record-keepi

Period: 2026-01-12~ 2026-01-16 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: None ※This section records execution facts, not opinions. Performance Summary MTS( $ ) SPY( $ ) Alpha( $ ) MTS(￦) SPY(￦) Alpha(￦) Weekly Return -0.23% -0.35% +0.12% +0.89% +0.77% +0.12% YTD Return -0.23% -0.35% +0.12% +0.89% +0.77% +0.12% Current Drawdown -0.23% -0.35% +0.12% +0.00% +0.00% +0.00% ※Performance is reported for record-keeping

Period: 2026-01-05~ 2026-01-09 (Friday close basis) Current Regime: UP Asset Allocation: SPYM: 56% SPXL: 14% SGOV: 30% Action This Week: Allocation alignment trades executed to match predefined regime weights ※This section records execution facts, not opinions. Performance Summary: Weekly Return: N/A YTD Return: N/A Drawdown (if applicable): N/A ※Performance is reported for record-keeping purposes only and should be interpreted using the framework defined in Performance O

This site documents the live operation of a rule-based system. The purpose of this project is not to predict markets or provide investment advice, but to design, implement, and operate a system under uncertainty and to record that process consistently. All decisions within the system are governed by predefined rules. No discretionary profit-taking is applied. Changes occur only when conditions defined by the system change. This entry marks the initial state of the system. Fro