Fuel smoke and fouled plug

white smoke usually indicates water.

Understand that totally but this is definitely not water. It smells like extremely rich exhaust, no sweet coolant smell. Also, no bubbles in the coolant during leak down and spark plug is black/brown not white. As far as my understanding goes, those are all the indicators for bad head gasket or cracked cylinder. If I’m off though let me know. Like I said I’m chasing my tail.