Further Chart Illustrations
I complete this chapter with a few more charts (Figures 16.8–Figures 16.11) without chart commentary save for the brief descriptions that follow. In each case, standard MIDAS S/R curves will be plotted on the lower price pane with their shortcomings evident. The latter should be contrasted with the successful combination of the OBV line and the N-OBV and V-OBV curves in the upper pane.
FIGURE 16.7 Daily cash chart from 2003 to the present of the Sydney All Ordinaries illustrating a V-OBV curve (solid) in the top pane and an N-OBV curve (long dashes).
FIGURE 16.8 Henry Hub Natural Gas continuous futures with several ...
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