Sell SPY by Dec 23, 2026.

The 90-day trade truce just got extended to Jan 10, and markets are already pricing in this calm stability. [Right now the S&P 500 is hitting new highs but rally breadth is super narrow](https://www.moomoo.com/news/post/1000142494?global_content=%7B"promote_content":"11067213","promote_id":20795,"promote_type":43,"sub_promote_id":1%7D)—only a handful of AI megacaps are carrying the whole tape. We’re looking at 3 scenarios: 70% chance status quo holds, 20% modest upside, 10% tail risk breakdown. No need to chase bold trades here, grabbing cheap index puts to guard against random headline gaps is the …