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SPY will not close above $770 on October 22 and sellers will keep the ETF pinned below the threshold. The SPDR S&P 500 ETF Trust had closed at $773.09 on October 21 and showed an intraday swing from $768.40 to $774.44 that session, and SPY was marked at $769.46 on October 22. Even though the S&P 50…