HOW TO USE THE MASTER CALCULATOR
MAY SOYBEANS
[May 1953 version]
First it is important to know how to use the scale for prices. The scale is the
same for grain, for all grains and stocks. The scale on the left side of the
calculator runs from 0 to 144. If the price is above 144, you subtract 144
and then place the scale in the correct position.
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
up from 0 and you place the Master Calculator with 0 on 288 at the time of
any important high or low levels and you get the correct position and the
indicated trend on the Daily, Weekly or Monthly Charts.
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and
other commodities. For Cotton on the Daily Chart using a 10 point scale
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
second square is 4320 and using a scale of 30 points for 1/8 inch on the
Monthly Chart, the top of the Master Calculator at 144 equals the price of
4320.
Using a 20 point scale the top of the chart equals 2880 and at 72 on the
second scale up, 72 equals 4320.
First it is always important to find out the price position in a square.
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
432 and 4-3/4 in the 4th square.
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
THE W.D. GANN MASTER COMMODITIES COURSE
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January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
a strong resistance level.
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
an advance of 143-1/2 which was just inside this 1st square of 144 and was,
therefore, a strong resistance and selling level. This price would come out at
the top of the square at 144.
1951 December 15th was 989 weeks from December 28, 1932.
1952 August 16th was 1024 weeks from December 28, 1932. High May
Beans 314-1/2.
1952 December 6th was 1040 weeks from December 28, 1932. High 311.
1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
1953 March 21st was 1055 weeks from December 28, 1932.
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
change in trend.
To get the price on a Master Square of 144 we add 144 to 67 which gives
211 and add 144 to 211 gives 355. This is the 5th square and ends on May
16, 1953. This square is marked in green on the weekly chart.
PRESENT POSITION OF MAY BEANS
As referred to above, March 21st is 270 weeks from January 15, 1948. The
2nd square of 144 from the price of 44 is 332 and the 2nd square in price
from 67 to 355.
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
This is an important date for a change in trend.
THE W.D. GANN MASTER COMMODITIES COURSE
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Page 296
Note the green 45 degree angle moving down from 332 September 1, 1952
crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week
ending March 21st. This is a resistance and selling level protected with a
stop-loss order at 307.
May Beans breaking 299 during the week ending March 21st will indicate
lower and breaking 295 they will be below the angle of 2 x 1 from October
16, 1950 when the low was 232-1/2. This will put them in a weaker
position. The 45 degree angle from 211 crosses at 296 for the week ending
March 21, 1953 and if beans sell below this level they will be in a weaker
position.
POSITION OF MAY BEANS ON THE MONTHLY CHART
All of the 45 degree angles from important tops and bottoms have been
placed on this chart and the 45 degree angles in green from 0 have also been
placed on it.
At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
makes resistance at this price and the 2 x 1 from January 1948 extreme high
crosses at 307 making 304 to 305 the selling level. The monthly chart also
shows that when the price is below 299 and 295 before or after March 20,
1953 May Beans will be in a weaker position.
Check all of the time periods on the monthly charts of high and lows and
also on the weekly chart and you will see that between March 16th and 27th
is very important for a change in trend.
By placing the Master Calculator on the highs and lows on the monthly and
weekly chart you can see all of the indications as outlined above. After you
practice with the Master Calculator you will soon learn to use it and it will
not be necessary to put geometrical angles on your charts. However time
periods should all be kept up and you should check the Master Calculator to
see that you have not made any mistakes in putting on the time periods from
previous high and low prices.
THE W.D. GANN MASTER COMMODITIES COURSE
(www.groups.yahoo.com/group/wheelsinthesky)
Page 297
MAY SOYBEANS DAILY CHART
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300
on March 16th and the price has never closed below this angle since it closed
at 280 and the first day that it does close below it will indicate a decline. On
March 18th this angle crosses at 302 on the 72nd Market Day from the last
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
making it very important if the price should close at 299 or lower on March
16, 1953.
By placing the Master Calculator on the daily high and low chart you can get
all of these positions correctly. You will note that March 17, 1952 the high
was 302 and the price declined to 281 on April 21st. This also makes March
17, 1953 important for a change in trend and April 2nd will be important
because it will be 4 months from the high of 311 on December 2nd.
________[signature]________
W.D. GANN
March 14, 1953
THE W.D. GANN MASTER COMMODITIES COURSE
(www.groups.yahoo.com/group/wheelsinthesky)
Page 298
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