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PRICE SCALEThe price scale runs up and down to 104, 208, 312, 416, and 520, which balances out with theTime Periods. For GRAINS, this scale is for [four?] cents per bushel. For STOCKS, it is$1.00 per share. The Price Periods are divided up into 1/8 and 1/3, the same as the TimePeriods.Scale for COTTON, COFFEE, COCOA and EGGS – each 1/8 cent equals 10 points.Therefore, 52 would indicate 520 in price and 104 would indicate 1040 for Cotton or anyother commodity trading in 100 points to 1¢.EGGS – Weekly high and low chart – Eggs trade at a minimum of 5 points. We use 10 pointsto 1/8 inch on the daily high and low chart. Experience has proven that a scale of 25 points to1/8 inch, which represents one week in Time, works best. Therefore, 52 spaces on theCalculator would indicate 1300 or 13¢ for Eggs; 104 would represent 2600; 156 wouldrepresent 3900; 208 would represent 5200 or 52¢ per dozen for Eggs, etc. One year TimePeriod would give a range of 13¢, 1/2 of this would be 6½ cents, 1/4 would be 325 and 1/8would be 162. Therefore, if you want to get resistance levels for prices above 26¢, you wouldadd 6½, which would give 32½, etc.All of these are shown on the Table enclosed for prices which run up to the equivalent of 40years calculated. All you have to do is run across the period marked "1/2" and get the exactdate during each year. When the Time is at 1/2 or 182 days from an important high or low,and in the same way from the Table, you get the price resistance levels based on the Square of52.THE W.D. GANN MASTER COMMODITIES COURSE |
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