Hey Slick, brother it’s hard to get anything to align at the moment & in this market/economy.
Little if anything is being pulled left you’ll notice with prevailing conditions shunting everything right, which of course the market hates.
Fundamentals are just that, fundamental and ergo little has changed materially ann pending, whilst a lot has improved markedly.
However as your charts note, unless this happens within a suitable timeline (as ascribed by the market not the reality of things) then the SP does what it has done..
IMU is in a similar boat, of which there is an armada of others all doing the same..
Personally I’ve gone to town on it & yes I possibly could have waited but the MC v to barrel oil ratio of whats currently known is enough for me to get set..
Now it’s simply a waiting game so I look forward to your ringing of the bell to tell me when Sir..
gltah
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