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
Estimated average burden
hours per response: 23.8
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
FIDELITY MSCI UTILS INDEX 316092865 12,890 328,250 SH   SOLE None 0 0 328,250
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 2,948 27,350 SH   SOLE None 0 0 27,350
INVESCO EXCHANGE TRADED FD T DWA MOMENTUM 46137V837 8,665 143,650 SH   SOLE None 0 0 143,650
INVESCO EXCHNG TRADED FD TR S&P MIDCP LOW 46138E198 9,203 179,500 SH   SOLE None 0 0 179,500
INVESCO EXCHNG TRADED FD TR S&P500 LOW VOL 46138E354 12,685 230,550 SH   SOLE None 0 0 230,550
INVESCO EXCHNG TRADED FD TR S&P SMLCP LOW 46138G102 3,198 66,650 SH   SOLE None 0 0 66,650
INVESCO QQQ TR UNIT SER 1 46090E103 12,134 64,980 SH   SOLE None 0 0 64,980
ISHARES GOLD TRUST ISHARES 464285105 2,855 211,500 SH   SOLE None 0 0 211,500
ISHARES INC MIN VOL EMRG MKT 464286533 3,317 56,350 SH   SOLE None 0 0 56,350
ISHARES INC CORE MSCI EMKT 46434G103 2,580 50,150 SH   SOLE None 0 0 50,150
ISHARES TR TIPS BD ETF 464287176 24,611 213,100 SH   SOLE None 0 0 213,100
ISHARES TR CORE US AGGBD ET 464287226 2,825 25,370 SH   SOLE None 0 0 25,370
ISHARES TR MSCI EMG MKT ETF 464287234 6,376 148,600 SH   SOLE None 0 0 148,600
ISHARES TR IBOXX INV CP ETF 464287242 13,463 108,250 SH   SOLE None 0 0 108,250
ISHARES TR S&P 500 VAL ETF 464287408 11,171 95,830 SH   SOLE None 0 0 95,830
ISHARES TR 20 YR TR BD ETF 464287432 899 6,770 SH   SOLE None 0 0 6,770
ISHARES TR BARCLAYS 7 10 YR 464287440 6,026 54,770 SH   SOLE None 0 0 54,770
ISHARES TR RUS 1000 VAL ETF 464287598 10,290 80,880 SH   SOLE None 0 0 80,880
ISHARES TR RUS 2000 VAL ETF 464287630 488 4,050 SH   SOLE None 0 0 4,050
ISHARES TR RUSSELL 2000 ETF 464287655 17,988 115,680 SH   SOLE None 0 0 115,680
ISHARES TR U.S. REAL ES ETF 464287739 22,233 254,640 SH   SOLE None 0 0 254,640
ISHARES TR U.S. ENERGY ETF 464287796 8,757 254,500 SH   SOLE None 0 0 254,500
ISHARES TR CORE S&P SCP ETF 464287804 4,261 54,430 SH   SOLE None 0 0 54,430
ISHARES TR NATIONAL MUN ETF 464288414 26,154 231,265 SH   SOLE None 0 0 231,265
ISHARES TR MBS ETF 464288588 12,404 115,280 SH   SOLE None 0 0 115,280
ISHARES TR 3 7 YR TREAS BD 464288661 2,924 23,250 SH   SOLE None 0 0 23,250
ISHARES TR US TREAS BD ETF 46429B267 7,401 286,700 SH   SOLE None 0 0 286,700
ISHARES TR A RATE CP BD ETF 46429B291 11,987 222,980 SH   SOLE None 0 0 222,980
ISHARES TR MIN VOL EAFE ETF 46429B689 16,505 227,210 SH   SOLE None 0 0 227,210
ISHARES TR MIN VOL USA ETF 46429B697 3,959 64,140 SH   SOLE None 0 0 64,140
ISHARES TR MULTIFACTOR INTL 46434V274 5,138 195,650 SH   SOLE None 0 0 195,650
PROSHARES TR S&P 500 DV ARIST 74348A467 11,832 170,570 SH   SOLE None 0 0 170,570
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 344 10,540 SH   SOLE None 0 0 10,540
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 11,095 189,650 SH   SOLE None 0 0 189,650
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 6,434 69,450 SH   SOLE None 0 0 69,450
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 18,167 312,850 SH   SOLE None 0 0 312,850
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,892 57,820 SH   SOLE None 0 0 57,820
SELECT SECTOR SPDR TR ENERGY 81369Y506 1,632 25,620 SH   SOLE None 0 0 25,620
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 11,277 408,600 SH   SOLE None 0 0 408,600
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6,570 84,865 SH   SOLE None 0 0 84,865
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 6,736 112,960 SH   SOLE None 0 0 112,960
SPDR S&P 500 ETF TR TR UNIT 78462F103 41,413 141,340 SH   SOLE None 0 0 141,340
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 21,086 59,465 SH   SOLE None 0 0 59,465
SPDR SERIES TRUST S&P DIVID ETF 78464A763 202 2,000 SH   SOLE None 0 0 2,000
SPDR SERIES TRUST NUVEEN BLMBRG SR 78468R739 383 7,830 SH   SOLE None 0 0 7,830
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 2,100 42,800 SH   SOLE None 0 0 42,800
VANECK VECTORS ETF TR SHORT HIGH YIELD 92189F387 17,735 708,250 SH   SOLE None 0 0 708,250
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 48,736 586,685 SH   SOLE None 0 0 586,685
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 18,349 320,235 SH   SOLE None 0 0 320,235
VANGUARD GROUP DIV APP ETF 921908844 219 1,900 SH   SOLE None 0 0 1,900
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 283 1,050 SH   SOLE None 0 0 1,050
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 8,352 95,555 SH   SOLE None 0 0 95,555
VANGUARD INDEX FDS MID CAP ETF 922908629 3,133 18,740 SH   SOLE None 0 0 18,740
VANGUARD INDEX FDS GROWTH ETF 922908736 907 5,550 SH   SOLE None 0 0 5,550
VANGUARD INDEX FDS SMALL CP ETF 922908751 4,939 31,530 SH   SOLE None 0 0 31,530
VANGUARD INDEX FDS TOTAL STK MKT 922908769 24,002 159,920 SH   SOLE None 0 0 159,920
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 11,699 275,080 SH   SOLE None 0 0 275,080
VANGUARD MUN BD FD INC TAX EXEMPT BD 922907746 4,562 85,970 SH   SOLE None 0 0 85,970
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 16,104 199,600 SH   SOLE None 0 0 199,600
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 92206C706 5,281 80,050 SH   SOLE None 0 0 80,050
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 4,547 86,070 SH   SOLE None 0 0 86,070
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 4,643 51,675 SH   SOLE None 0 0 51,675
VANGUARD STAR FD VG TL INTL STK F 921909768 754 14,300 SH   SOLE None 0 0 14,300
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 10,560 253,175 SH   SOLE None 0 0 253,175
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 11,818 135,250 SH   SOLE None 0 0 135,250
VANGUARD WORLD FDS COMM SRVC ETF 92204A884 10,952 126,330 SH   SOLE None 0 0 126,330