June was a great month for our day-trade method because the markets produced predictable retracements all month long. -- see chart.

While the Swiss Franc is not a market traded in the benchmark it is used as a leading indicator market. In addition to always trading in the same direction as the majority of intermediate-term and short-term patterns we also only trade when the majority of markets themselves -- the Swissy included -- are aligned.

This chart tells us market movement is as predictable as it ever was.

The intermediate-term pattern on the chart is a reflection of the underlying fundamentals. The short-term pattern is a reflection of the emotions created by those fundamentals. The micro pattern is a reflection of news stories fanning those emotions.