The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES TR MSCI EMG MKT ETF 464287234 280 6,520 SH   SOLE   0 0 6,520
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 9,221 158,524 SH   SOLE   0 0 158,524
ISHARES TR TIPS BD ETF 464287176 408 3,610 SH   SOLE   0 0 3,610
INVESCO EXCHANGE TRADED FD T FINL PFD ETF 46137V621 469 25,708 SH   SOLE   0 0 25,708
ISHARES TR RUS MDCP VAL ETF 464287473 23,428 269,725 SH   SOLE   0 0 269,725
FIRST TR EXCHANGE TRADED FD SSI STRG ETF 33739Q507 1,002 32,944 SH   SOLE   0 0 32,944
VANGUARD GROUP DIV APP ETF 921908844 594 5,415 SH   SOLE   0 0 5,415
FIRST TR EXCHANGE TRADED FD CONSUMR STAPLE 33734X119 1,041 22,735 SH   SOLE   0 0 22,735
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 200 2,703 SH   SOLE   0 0 2,703
INVESCO DB US DLR INDEX TR BULLISH FD 46141D203 411 15,793 SH   SOLE   0 0 15,793
ISHARES TR LATN AMER 40 ETF 464287390 42,630 1,282,891 SH   SOLE   0 0 1,282,891
ISHARES TR IBOXX INV CP ETF 464287242 732 6,148 SH   SOLE   0 0 6,148
INVESCO EXCH TRD SLF IDX FD BULSHS 2019 HY 46138J403 1,006 41,900 SH   SOLE   0 0 41,900
ISHARES TR SELECT DIVID ETF 464287168 465 4,741 SH   SOLE   0 0 4,741
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 429 8,008 SH   SOLE   0 0 8,008
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 51,785 149,929 SH   SOLE   0 0 149,929
VANGUARD INDEX FDS GROWTH ETF 922908736 418 2,671 SH   SOLE   0 0 2,671
PROSHARES TR SHORT S&P 500 NE 74347B425 7,822 282,901 SH   SOLE   0 0 282,901
ISHARES TR CHINA LG-CAP ETF 464287184 614 13,878 SH   SOLE   0 0 13,878
ISHARES TR 20 YR TR BD ETF 464287432 31,137 246,260 SH   SOLE   0 0 246,260
ISHARES TR RUS 2000 GRW ETF 464287648 16,835 85,605 SH   SOLE   0 0 85,605
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 205 1,438 SH   SOLE   0 0 1,438
ISHARES TR U.S. REAL ES ETF 464287739 55,315 635,508 SH   SOLE   0 0 635,508
FIDELITY MSCI UTILS INDEX 316092865 1,029 26,857 SH   SOLE   0 0 26,857
SPDR GOLD TRUST GOLD SHS 78463V107 45,851 375,799 SH   SOLE   0 0 375,799
WISDOMTREE TR MID EAST DIVD 97717X305 1,029 51,051 SH   SOLE   0 0 51,051
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 55,010 483,175 SH   SOLE   0 0 483,175
ISHARES TR RUSSELL 2000 ETF 464287655 51,336 335,333 SH   SOLE   0 0 335,333
ISHARES TR SHORT TREAS BD 464288679 1,396 12,625 SH   SOLE   0 0 12,625
ISHARES TR RUS 2000 VAL ETF 464287630 51,000 425,355 SH   SOLE   0 0 425,355
ISHARES TR RUS 1000 VAL ETF 464287598 5,444 44,087 SH   SOLE   0 0 44,087
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 31,307 557,964 SH   SOLE   0 0 557,964
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 43,656 1,698,028 SH   SOLE   0 0 1,698,028
SPDR S&P 500 ETF TR TR UNIT 78462F103 218 772 SH   SOLE   0 0 772
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 451 4,184 SH   SOLE   0 0 4,184
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 531 7,082 SH   SOLE   0 0 7,082
VANGUARD WORLD FD MEGA GRWTH IND 921910816 476 3,832 SH   SOLE   0 0 3,832