Refining leg written — the crack-spread expression gets its condition
Thesis
Refining leg written — the crack-spread expression gets its condition
- Type: thesis-shift (subtype: hardens)
- event_id:
2026-07-26-refining-leg-written-the-crack-spread-expression-gets-its-condition - Source: 2026-07-26-miss-autopsy-week-ending-2026-07-24
- Shift: Two autopsies flagged the refining lane (DK +42% ran unclaimed after VLO/PSX coverage was added without a condition). Now written and machine-watched: with USO > 110, arm on pullback reset (DK/MPC/VLO/PSX RSI < 45), convert on resume above RSI 55 over the 20-day; extended chases are documented passes.
Related
4 events DateTypeEvent
Jul 26 ArticleOil and defense confirmed in the same week — and the havens still didn't come Jul 31 ArticleOil Quietly Reaccelerates While Gold Sits Out the Unwind Jul 19 PickDoomberg — 2025 was China's solar high-water mark Jul 18 Desk NoteRefining: the coverage miss, read properly — crack-spread lane, trigger-or-pass No direct external sources are attached to this read.