HOW TO USE THE MASTER CALCULATOR# K: Z! J1 @6 v+ X8 |! O/ q( ?% w$ M& P
MAY SOYBEANS( }8 Q" n" h1 W+ I9 @
[May 1953 version]8 m2 i% c5 |2 `
First it is important to know how to use the scale for prices. The scale is the
: F6 i' P/ Z3 y( r. ?: ^same for grain, for all grains and stocks. The scale on the left side of the9 \" P5 I1 R; K! O2 A- c
calculator runs from 0 to 144. If the price is above 144, you subtract 144! ` Y& }! ^- q2 j- Y# h6 }2 ^- ~7 b7 F+ B
and then place the scale in the correct position.' [2 c& o, x" L1 E0 ]
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
4 @, y3 E. n. @& Iup from 0 and you place the Master Calculator with 0 on 288 at the time of* j6 f0 U+ G& `1 d4 r: D
any important high or low levels and you get the correct position and the
8 Z( C7 X5 x" e4 A2 ]+ t1 H a& \indicated trend on the Daily, Weekly or Monthly Charts.. X+ H5 }4 Y; |" T" G" a/ Z
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and
, w0 b7 ?8 R8 ?( v2 M* [other commodities. For Cotton on the Daily Chart using a 10 point scale. g- l2 O! g# V/ Z5 _
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a# h# s9 l3 q# r4 P! {& H. M
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the+ ]. d, {7 I; Y2 t
second square is 4320 and using a scale of 30 points for 1/8 inch on the
) A: F3 {4 b r- D) YMonthly Chart, the top of the Master Calculator at 144 equals the price of
. J" s9 V9 ?# c$ H- V4320.
2 l4 K, {# i% E- w0 SUsing a 20 point scale the top of the chart equals 2880 and at 72 on the
6 p& {' F- \9 ?) G5 H& |$ ksecond scale up, 72 equals 4320.
5 E/ w Q, g. \8 \: O6 uFirst it is always important to find out the price position in a square.+ b1 W6 O0 ~# u3 A& `6 T
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
$ {# O0 n: F+ h; w9 z432 and 4-3/4 in the 4th square.7 y: Z, q( i: }, L5 t
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives1 K/ h. V3 n; {0 O1 e* A+ D
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
8 h$ T5 v H3 f9 hlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-7 N+ D9 H: {! Z) V/ Z* Z- C% t
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
5 `& t5 q- O& `+ M* tTHE W.D. GANN MASTER COMMODITIES COURSE
, A& x# @2 }, o- d(www.groups.yahoo.com/group/wheelsinthesky)
5 X! I$ `6 \- r, jPage 295
1 N+ ^/ K4 S2 e6 `- WJanuary 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
$ M& H, {) f3 tA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
6 L4 b% m! M6 ?$ K/ x" H" u# ]a strong resistance level.
/ Y5 ]7 ? r: Q, f- zFrom the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
) X2 ~5 G% o7 J, d! Tan advance of 143-1/2 which was just inside this 1st square of 144 and was, t6 L, ~% ~( o4 }! b$ ]
therefore, a strong resistance and selling level. This price would come out at5 s: i. y ^# X$ {: W! ?5 y0 C, e" ^
the top of the square at 144.% E$ O8 D" y7 }: l% c) ?3 f. \4 o
1951 December 15th was 989 weeks from December 28, 1932.
- E$ F+ ~: v8 i' ?1952 August 16th was 1024 weeks from December 28, 1932. High May
; s6 o0 J. K9 T- tBeans 314-1/2.. f" R9 x% x; }
1952 December 6th was 1040 weeks from December 28, 1932. High 311.5 Q1 u& d" [& c0 F
1953 February 13th low of 280, time 1050 weeks from December 28, 1932.9 k2 z" o" z8 x" r" v( o
1953 March 21st was 1055 weeks from December 28, 1932.
) Q' J6 b* t E2 r+ w% yMarch 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle3 \; J/ M, g% Q! H
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
9 J( B0 O2 y7 Z3 M9 B" ]( ^ Y/ ~0 {change in trend.# V8 W' K+ M% ]4 d
To get the price on a Master Square of 144 we add 144 to 67 which gives3 S' @2 {, n% b, O6 j% t: w# A7 L
211 and add 144 to 211 gives 355. This is the 5th square and ends on May
2 {* g( K% p% N; T: ]16, 1953. This square is marked in green on the weekly chart.
: E, g; U2 I& S, P) EPRESENT POSITION OF MAY BEANS
E0 g. I4 S5 F ?+ HAs referred to above, March 21st is 270 weeks from January 15, 1948. The
9 A! Z0 o p. A' x! I' H! L9 M& N2nd square of 144 from the price of 44 is 332 and the 2nd square in price7 h$ ~# f1 x5 l# q' f+ O
from 67 to 355.
% ~- P' V" J6 F& H) @March 19, 1953 will be 4 years from March, 1949 when the low was 210.
8 M7 a" P7 n6 {1 S; vThis is an important date for a change in trend.
1 \ c$ ~. X8 b; U( MTHE W.D. GANN MASTER COMMODITIES COURSE; q- Z% l. N- s |" N
(www.groups.yahoo.com/group/wheelsinthesky)4 a0 b( e* F: w' e2 ^) Y! L; L% K
Page 296# ]$ r, R% ?( Y/ A) p
Note the green 45 degree angle moving down from 332 September 1, 1952
7 R$ X& O8 b6 ^- f4 H8 T# z* ]! `crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle4 ^; ] p0 A$ ^5 l
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
. Y( P9 f7 T6 d' \3 c L. Tx 1 angle from 311 high December 1952 crosses at 303-1/2 for the week2 z, d" m5 p0 n% B/ o1 j
ending March 21st. This is a resistance and selling level protected with a
$ J R* p! {+ J0 M+ y4 H' ustop-loss order at 307.# H" T( W% D; H4 T! M
May Beans breaking 299 during the week ending March 21st will indicate
; g- [. ~( c6 T) Jlower and breaking 295 they will be below the angle of 2 x 1 from October/ E: @& z& s9 |3 q: c$ y5 A! I
16, 1950 when the low was 232-1/2. This will put them in a weaker1 f- j" {+ H' m6 }- l! N2 z, _
position. The 45 degree angle from 211 crosses at 296 for the week ending. J( x% a2 E* M% x9 U
March 21, 1953 and if beans sell below this level they will be in a weaker
' V, e1 p+ E v7 Hposition.$ J7 m! ]* ]$ q$ k
POSITION OF MAY BEANS ON THE MONTHLY CHART
2 r$ x( z3 Q( ?/ x4 {6 f/ u7 uAll of the 45 degree angles from important tops and bottoms have been N6 t8 g/ @: c7 u! ^) ~1 ^$ o
placed on this chart and the 45 degree angles in green from 0 have also been; P$ ]7 l, Y1 w6 _ p/ r7 r' A
placed on it.2 S! Z3 z7 l1 T5 {: M+ X
At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
& f2 ^# a, `/ A7 a% n0 W. b) w7 |makes resistance at this price and the 2 x 1 from January 1948 extreme high
( U' g, ` y) A* A" j( o# n9 {crosses at 307 making 304 to 305 the selling level. The monthly chart also3 X) c2 v" c5 R* }7 B1 x8 r' @
shows that when the price is below 299 and 295 before or after March 20,, w* X- s7 t# \% G8 `9 O2 ^$ D/ Q
1953 May Beans will be in a weaker position.8 {4 r7 y: C* V ^! o
Check all of the time periods on the monthly charts of high and lows and
$ h) D0 B: J/ S/ x; e% l/ Zalso on the weekly chart and you will see that between March 16th and 27th0 S# b, ?. {$ x5 p+ y" F7 v1 p
is very important for a change in trend.
+ _6 r& O; u- @0 d- X0 T: K6 bBy placing the Master Calculator on the highs and lows on the monthly and" }6 J+ ~' b& M; z! D7 t$ ]
weekly chart you can see all of the indications as outlined above. After you
. p! ~. V/ N$ T: Bpractice with the Master Calculator you will soon learn to use it and it will; J4 f# _/ X* w1 C. f8 g
not be necessary to put geometrical angles on your charts. However time
. v0 B6 _: z8 ~# m9 f. _! g3 operiods should all be kept up and you should check the Master Calculator to
. L* ]- Z) i: x* x% d9 m# m2 _* Fsee that you have not made any mistakes in putting on the time periods from' Q! o1 E! A: j2 W$ f+ I' z
previous high and low prices.
" L* c% R2 j5 b$ s5 c6 ^7 JTHE W.D. GANN MASTER COMMODITIES COURSE' A8 V4 U5 s* [7 _4 Q# X% I
(www.groups.yahoo.com/group/wheelsinthesky)9 w3 N7 K, ?9 n* p7 Y4 J4 Y
Page 2971 K5 z+ ?3 S% G. E9 K# n/ ]% D
MAY SOYBEANS DAILY CHART
( [0 P7 P' T. z7 M0 r! [From the low of February 13, 1953, 280, the 45 degree angle crosses at 300! ` s$ D! a, t
on March 16th and the price has never closed below this angle since it closed
& y' `8 Z# S- d# |; s3 p, P kat 280 and the first day that it does close below it will indicate a decline. On- S; S9 H: T4 K
March 18th this angle crosses at 302 on the 72nd Market Day from the last, \& H+ X. {2 ] a) v+ D7 U
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
1 G9 T6 k; W) X% A. P311 crosses at 301 on March 16th and crosses the 45 degree angle from 280+ l0 m: d$ {! \) H. {/ E: C1 x
making it very important if the price should close at 299 or lower on March) Q' l8 |" a+ O$ {7 q3 x1 s
16, 1953.; }$ Z- h( f2 z$ T
By placing the Master Calculator on the daily high and low chart you can get
* Z/ d+ c7 P0 ?/ t' Kall of these positions correctly. You will note that March 17, 1952 the high
2 l `. W# S1 g5 _was 302 and the price declined to 281 on April 21st. This also makes March
/ x' k0 j# v( O. N) ?' T) T: a17, 1953 important for a change in trend and April 2nd will be important. L5 n! T3 `. A, N. {3 M
because it will be 4 months from the high of 311 on December 2nd.5 {3 d6 S) X0 a/ w! {
________[signature]________; U/ V* L* {6 u, ^) v2 g5 M
W.D. GANN
v# Z+ S0 R0 ~+ F# NMarch 14, 19533 Q7 z* o: Y: @7 a2 s& I/ {. w
THE W.D. GANN MASTER COMMODITIES COURSE( ?) X4 M( s- d3 Q/ E
(www.groups.yahoo.com/group/wheelsinthesky): E- k, v7 p9 \3 t5 ^
Page 2985 C; S4 U! X$ D3 \5 o
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