Market report 10/6/15 No Threat ahead?

Judging by the charts, no change in monetary policy, Trump candidacy ignored as irrelevant and doomed to fail, the Obama/Buffett secular bull market to continue to infinity due to the "Internal Financing", the American economy de-coupled from those sorry people overseas. Exhibit 1; We know that yuan was devaluated by 10% and the gold price is currently at 1150 or 7.5 % increase since the low of 1080 and independent from the Fed, secular trend stopped at the low point. Translation: the Fed has lost control over the precious metals market, the major collateral of the banking system. Exhibit 2; The deficits will continue to raise sharply if Trump or alike is rejected in favor of a NWD robot like Hillary or Sanders who will continue spending reportedly another 10 to 18 Trill. dollars. Any random event that would force the Fed's to raise rates, or rates are raised by external devaluation or major war will add billions to the debt service regardless of the Fed and push the country into a recession.Fed leverage ratio at extreme 70 to 1. So market is clearly ignoring the danger, $DJI futures at /YM -34 indicating digestive period before an attack at the 18,000 level of $DJI commence, sell trailing stop 16480, Resistance 17617, Support 15980. Gold /GC in uptrend (so far a bear market rally) until secular trend reverses direction. $DJI and $SP500 have not broken the pattern of declining tops, a historically bearish sign. Stand by...................Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.