No. The black line is a line chart of the June contract. And the rest are color coded like the monthly indexes I posted to match and are all in the right order. The Jan contract is holding up the best obviously. (Dec is not traded much) So "IF" there was to be a change the old adage is "buy strength not weakness". And you've got time with Jan/03 as well. But the contango is clear here. What would be bullish looking at this chart is to see a nearby month line cross above the longer term lines which would display a change in demand. Wouldn't have to actually become bullish backwardation but sure would change the bullish/bearish factor towards the bullish side for sure.......................presently it's still just a bouncing bear.
As far as funnymentals go I don't speak that language as I'm just unilingual.