HOW TO USE THE MASTER CALCULATOR* R7 |3 ?4 T5 Q! ^9 N5 s0 q- @
MAY SOYBEANS. {9 w }6 {6 \# u" M, ~4 [' K
[May 1953 version]8 G4 T" [' _. h9 P
First it is important to know how to use the scale for prices. The scale is the
& J6 J3 T- h! g$ L# ~3 Msame for grain, for all grains and stocks. The scale on the left side of the
9 R7 d. ^) Q& K) C3 g- I3 Vcalculator runs from 0 to 144. If the price is above 144, you subtract 144
& d* ^9 j- f9 P Q* Jand then place the scale in the correct position.
& Y% w2 q" U, hEXAMPLE: When May Beans is selling above 288, this is 2 squares of 144; \6 _; c6 {" [8 T
up from 0 and you place the Master Calculator with 0 on 288 at the time of
1 z5 p7 K# V: Aany important high or low levels and you get the correct position and the" P7 I' I9 a. ?# h
indicated trend on the Daily, Weekly or Monthly Charts.3 ], B# B8 i' N; f) T8 K' V
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and# S% }8 Z m6 L5 C* B% P9 x+ w
other commodities. For Cotton on the Daily Chart using a 10 point scale
, o$ S- W6 M0 c# L# ~1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a: o* | X& y4 `! A* c
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
) G% e& ]! h9 d- Esecond square is 4320 and using a scale of 30 points for 1/8 inch on the
% A7 f9 l& k& V* |5 VMonthly Chart, the top of the Master Calculator at 144 equals the price of
- ~! d% u( ? |3 C& ~2 O8 S7 u# Q4320.
T; g3 v; L: v/ p3 CUsing a 20 point scale the top of the chart equals 2880 and at 72 on the$ p5 o3 U- x- A, f" F. J
second scale up, 72 equals 4320.
. |3 r2 C2 i+ FFirst it is always important to find out the price position in a square.1 c" R/ c9 ?4 l- {. W1 X
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
. a: q' ?8 D- A" k/ [432 and 4-3/4 in the 4th square.. P+ { q" r4 A8 k2 J# R
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
: M7 J0 q& C3 O' Q: F$ Oa range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme! k- t% j9 x( _' `- Q- R; B
low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-9 ~# q; [$ M- W5 w. n
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level." Q1 V8 U J; N" s" k
THE W.D. GANN MASTER COMMODITIES COURSE, O4 d5 g+ X3 N+ s- H/ {
(www.groups.yahoo.com/group/wheelsinthesky), K; w6 G Y' ]7 `/ h! U
Page 295, @! T! Y" n+ c! w) |. B
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
: \8 a3 k% y' R5 e$ i6 L* r+ dA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
% y' c8 _7 y( E& d# ya strong resistance level.
g' ?+ O5 w6 o0 y- r j( r- FFrom the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
$ ?- O" T7 C0 San advance of 143-1/2 which was just inside this 1st square of 144 and was,+ K: i" l; ?5 ]$ L
therefore, a strong resistance and selling level. This price would come out at. y U: R0 \. U) I1 D* O3 t0 d
the top of the square at 144.# z1 ?8 i) I+ [0 u- L* X. v+ _
1951 December 15th was 989 weeks from December 28, 1932.
& l3 x, l0 X! `+ @) x* `1952 August 16th was 1024 weeks from December 28, 1932. High May+ Q# g5 s4 o1 X
Beans 314-1/2.- n7 b: z8 {1 G* L
1952 December 6th was 1040 weeks from December 28, 1932. High 311.$ p. \, W- T6 v+ [; q- R
1953 February 13th low of 280, time 1050 weeks from December 28, 1932., m. O. ^2 }. l. g0 f
1953 March 21st was 1055 weeks from December 28, 1932.5 O( e: c) e6 q$ p5 l7 R
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
$ o- y- {5 W* n. P4 s% xof 360 days and this is 7/8 in the 2nd square of 144 making it important for a
1 K6 Q3 a5 _# p/ A y+ C' F) U$ ychange in trend.1 F% j- Q" d3 b
To get the price on a Master Square of 144 we add 144 to 67 which gives }5 H4 v% c0 _+ d5 P+ `. r# ]
211 and add 144 to 211 gives 355. This is the 5th square and ends on May, z; _9 \0 e U- ]6 N& Q
16, 1953. This square is marked in green on the weekly chart.! C; x9 u+ L& a R& H
PRESENT POSITION OF MAY BEANS
; `' R! W d) ~0 dAs referred to above, March 21st is 270 weeks from January 15, 1948. The$ J* r6 d( s$ E/ j5 ?1 v
2nd square of 144 from the price of 44 is 332 and the 2nd square in price/ B& |$ G; p4 S+ q1 r2 s
from 67 to 355.
) [* [7 J8 Q: K& @( K3 a, mMarch 19, 1953 will be 4 years from March, 1949 when the low was 210. g6 b3 f8 R% t
This is an important date for a change in trend.& r& i( K; B e7 P4 H% J
THE W.D. GANN MASTER COMMODITIES COURSE& @! x$ i; C, T+ X. \, Y
(www.groups.yahoo.com/group/wheelsinthesky)
% o) }, I' |. v9 ]1 F$ w2 u0 LPage 296
' ^* j4 I2 \! H& _3 w1 L cNote the green 45 degree angle moving down from 332 September 1, 1952# ~* M+ A8 n x% u
crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle& K4 q& q4 u% X% e7 p, h
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2, z( ^4 ]: ^; p; I
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week+ U2 T. M1 M0 m
ending March 21st. This is a resistance and selling level protected with a
% V8 e+ n, q, a; _+ Bstop-loss order at 307.+ d% Z# y$ {8 E. L3 g
May Beans breaking 299 during the week ending March 21st will indicate
1 I7 A: E/ c+ blower and breaking 295 they will be below the angle of 2 x 1 from October1 J! B0 p& R" b, g) M: P! v/ |
16, 1950 when the low was 232-1/2. This will put them in a weaker8 X! v9 b w9 x' J5 E
position. The 45 degree angle from 211 crosses at 296 for the week ending
$ A7 n8 Y# f4 zMarch 21, 1953 and if beans sell below this level they will be in a weaker
3 T1 k ?# C Z! v$ ?/ L9 ]position.
1 ]/ P" Y5 a) t; p6 pPOSITION OF MAY BEANS ON THE MONTHLY CHART& Y5 n1 D2 E! h! o0 J! y* @. c7 Z
All of the 45 degree angles from important tops and bottoms have been
w3 O9 ^! | X2 [6 Qplaced on this chart and the 45 degree angles in green from 0 have also been- M: J9 Q g5 C; {5 s+ `9 C. ]* H
placed on it.
5 G0 |- z/ `: f6 i4 hAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
" I" ^0 N% t( p$ emakes resistance at this price and the 2 x 1 from January 1948 extreme high
) w- g8 G9 \5 D1 M. A+ Dcrosses at 307 making 304 to 305 the selling level. The monthly chart also
! B& p# S4 k( S9 G* j$ ishows that when the price is below 299 and 295 before or after March 20,
5 o( i0 y8 c9 ?4 u% x) _& M1953 May Beans will be in a weaker position.
& b6 f( q8 Y) A1 E( T; V7 JCheck all of the time periods on the monthly charts of high and lows and% ?4 h! t# D/ X ^9 D
also on the weekly chart and you will see that between March 16th and 27th% M/ F+ ?* a5 J
is very important for a change in trend.
! y" r/ F& o" O; z7 Y- x0 JBy placing the Master Calculator on the highs and lows on the monthly and
# e1 l& r7 q. oweekly chart you can see all of the indications as outlined above. After you% L* g# Y" \+ y; C
practice with the Master Calculator you will soon learn to use it and it will9 Z6 D) y8 E1 Y" f
not be necessary to put geometrical angles on your charts. However time
1 V' Q1 b7 O$ m) Mperiods should all be kept up and you should check the Master Calculator to
6 A9 H$ s8 P+ D* q2 d6 Wsee that you have not made any mistakes in putting on the time periods from
; P- p$ }3 ?( h, z1 rprevious high and low prices.# J. R8 y9 T* n6 b9 h6 A
THE W.D. GANN MASTER COMMODITIES COURSE$ m% T# v* D( w+ Q* H2 Z
(www.groups.yahoo.com/group/wheelsinthesky)4 e0 o+ q- n, y& I4 n$ x
Page 297
( I, J" n; T: N( p- ?MAY SOYBEANS DAILY CHART
# ]5 S+ o5 R3 e. ^. ~! p0 s3 sFrom the low of February 13, 1953, 280, the 45 degree angle crosses at 300
" W; j, L" x: X$ h( m) w) Eon March 16th and the price has never closed below this angle since it closed
3 i0 r" E) Z d" Z3 N( T4 g' {at 280 and the first day that it does close below it will indicate a decline. On
' v- ^5 E& {* E- w' TMarch 18th this angle crosses at 302 on the 72nd Market Day from the last
+ D! [0 y+ o& N0 r9 b7 c3 |high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
; {6 @: g; e0 c7 A1 j! v$ f7 {311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
( c: D4 z. I* wmaking it very important if the price should close at 299 or lower on March
4 z+ c: J9 C6 x5 E' K) ]; X6 Y16, 1953.4 }/ Q8 o5 J5 } u7 P
By placing the Master Calculator on the daily high and low chart you can get
L0 ^9 z% m# \5 c2 a1 J7 |all of these positions correctly. You will note that March 17, 1952 the high! P6 X8 @/ ? x8 o7 f5 F! `3 S
was 302 and the price declined to 281 on April 21st. This also makes March
8 c9 L n# }8 G1 X8 p17, 1953 important for a change in trend and April 2nd will be important
) F1 @9 w! L6 ~* D. pbecause it will be 4 months from the high of 311 on December 2nd.2 V6 l( k- K/ r; ^4 b5 |
________[signature]________+ ~$ }# ^- r9 D1 O) l* |# r
W.D. GANN# ^8 ^, _. v: v! p
March 14, 1953& s3 g6 Q9 O0 T; Y5 x% Z5 X
THE W.D. GANN MASTER COMMODITIES COURSE
- R6 m0 \+ J0 y(www.groups.yahoo.com/group/wheelsinthesky)7 }# y7 Y! Z3 S2 D; c
Page 298 T" n6 p3 e% ?$ i
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