XJO - Week-end Charts and Chat. 13/14/June, page-11

it is really hard to say, my initial reaction and opinion is instos gear up their insurance levels come next week and unload any securities which they over paid for on friday. Ill be posting the insurance levels monday morning when i get the remittance data, ill try get it early but no promises.

if insurance is up from the current level, we can assume the above and more red to come early in the week.

If the insurance level is lower, expect more green to come during the week. It is hard to say, around this time of year, close to reporting season, sentiment becomes very vague.