That would be neither of the above I would say.
You can have a period without ovulating, but if you ovulate and don't have a period you're preggers. make sense?
Regardless, as your body ramps up for a return of fertility, your CM can do weird things.
I've had stretchy CM for weeks on end sometimes and eventually started taking b6 because of it to make it more normal.
Wife, and mother to a small fairy, a demolition expert, a special new someone this fall and a small dachshund.