HOW TO USE THE MASTER CALCULATOR' Z2 f; }0 K5 \7 G W; x& g) C8 X# G
MAY SOYBEANS
" Z$ Z; M" S, y3 `0 i7 V9 r5 V3 k[May 1953 version]
$ X* B; O8 w/ P' HFirst it is important to know how to use the scale for prices. The scale is the
- B6 M0 O9 \# e/ rsame for grain, for all grains and stocks. The scale on the left side of the2 b, ], L! o0 a% J' z# _
calculator runs from 0 to 144. If the price is above 144, you subtract 144' J4 a. a a/ h; ^* i/ [" v. r) S
and then place the scale in the correct position.
1 q- P# [' {, ZEXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
t# P9 f$ l2 _2 Gup from 0 and you place the Master Calculator with 0 on 288 at the time of
) q: o; C/ {. ? y0 A* N' Dany important high or low levels and you get the correct position and the: @3 ~1 E$ z3 t9 d
indicated trend on the Daily, Weekly or Monthly Charts./ E- ^" u! b" O. b' z
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and
' i/ I( m# N9 n6 Q! E5 Z" Rother commodities. For Cotton on the Daily Chart using a 10 point scale) l( }! J9 w" [9 ?( a8 @- t8 w. q) x
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
/ z( D( Q9 h2 ^scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
; s' C& B0 y: p! Y1 X4 \/ V6 Zsecond square is 4320 and using a scale of 30 points for 1/8 inch on the
* _5 e9 l k* U' iMonthly Chart, the top of the Master Calculator at 144 equals the price of
1 H p; l% [" a3 X3 y: n4320.
6 v; M( k* H, v/ AUsing a 20 point scale the top of the chart equals 2880 and at 72 on the# N, h! `* O8 P9 I. [
second scale up, 72 equals 4320.
% i0 f' P$ R) `* V. R! E# `First it is always important to find out the price position in a square.
9 {. U9 e4 M J. MEXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
) v0 |( z; r+ o+ Z, R; C432 and 4-3/4 in the 4th square.5 u( J9 K9 o- N. p
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives# r3 [5 n- P& t6 D2 Z# U
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
/ U2 ?. Z& u* G/ k plow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-+ G) J" E8 G6 W% t- e9 Z( F
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
' C k9 f7 _+ M0 vTHE W.D. GANN MASTER COMMODITIES COURSE, T; Q6 i- P* G( h- u. E, _
(www.groups.yahoo.com/group/wheelsinthesky)
& Y/ @; R3 D9 y$ d$ @1 T# cPage 295
0 p ]3 q' Z9 l8 j5 ~% A GJanuary 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
% ~6 C6 `3 p dA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
+ L/ H, F" z4 o6 j) V* H+ c2 K' Na strong resistance level.; V# L2 ~7 J k
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
5 k+ H3 g1 h5 o( d# Ran advance of 143-1/2 which was just inside this 1st square of 144 and was,
. k* _% g( [! Z* L5 C% S0 x: x0 f) `therefore, a strong resistance and selling level. This price would come out at! ]8 M" f. _, b1 x' |6 i
the top of the square at 144.
9 M+ G0 r! p7 F$ W/ f M1 c1951 December 15th was 989 weeks from December 28, 1932.) U2 w1 ]3 ?% v* \) q
1952 August 16th was 1024 weeks from December 28, 1932. High May
; Z( h6 Q9 t6 Z6 YBeans 314-1/2.3 t, \; ?! I1 U G2 Y) Z# q6 y8 c
1952 December 6th was 1040 weeks from December 28, 1932. High 311.
/ {* I! a( w% O; M; t ~& H1953 February 13th low of 280, time 1050 weeks from December 28, 1932.' Q, Z5 y* Q) L/ ` d0 D
1953 March 21st was 1055 weeks from December 28, 1932.
5 }0 O6 B0 ~8 {5 X+ }$ D: _* I+ BMarch 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle: A: j; ~# v. k8 m: Q! |
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
) P+ ^1 ~4 G) X6 b! b" ~change in trend., ]2 A! j( _, p+ x6 E
To get the price on a Master Square of 144 we add 144 to 67 which gives
9 f' l' u& m7 J, c' ~: [3 }& @9 i211 and add 144 to 211 gives 355. This is the 5th square and ends on May
8 s6 H. {; S$ |7 R16, 1953. This square is marked in green on the weekly chart.* p# I7 ?$ o/ b. T
PRESENT POSITION OF MAY BEANS) m0 V$ r0 ~$ O0 t
As referred to above, March 21st is 270 weeks from January 15, 1948. The1 v, A& d( ]6 a n# m m
2nd square of 144 from the price of 44 is 332 and the 2nd square in price2 Z! M. j4 ? W+ v" @6 c0 B
from 67 to 355.
) i1 A& u' `4 P, d4 a- V( tMarch 19, 1953 will be 4 years from March, 1949 when the low was 210.
+ C( Q/ z4 W0 w$ j' N/ t/ {! l. OThis is an important date for a change in trend.7 d: S+ t" h8 n6 }9 s
THE W.D. GANN MASTER COMMODITIES COURSE; x" X$ k0 @. R+ K
(www.groups.yahoo.com/group/wheelsinthesky)
5 y) r4 @5 {" G) \! x- rPage 296
, Z9 ~* Y3 G5 }# C" o) d* \+ N0 g2 TNote the green 45 degree angle moving down from 332 September 1, 19521 J/ i5 v! l6 a. m4 }8 l
crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle& d5 J9 Z) I' H; K
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
1 a% n6 `8 U: {9 U( ]1 px 1 angle from 311 high December 1952 crosses at 303-1/2 for the week# Y4 Q$ V. S2 _
ending March 21st. This is a resistance and selling level protected with a
+ Y; I' ]6 r% U3 k( Bstop-loss order at 307.
2 W) ]! [6 i7 k1 y, i9 LMay Beans breaking 299 during the week ending March 21st will indicate
8 c0 S. K6 S% K& b: plower and breaking 295 they will be below the angle of 2 x 1 from October
- P8 G# q3 W. S. Q6 b( d4 Q16, 1950 when the low was 232-1/2. This will put them in a weaker- }3 k: Y( s4 r4 [ J1 J- R
position. The 45 degree angle from 211 crosses at 296 for the week ending" Q# J. \2 U- V2 N" X3 l5 x. c" `
March 21, 1953 and if beans sell below this level they will be in a weaker! C6 y# H0 \. F/ I8 q2 D x& d6 L' [$ @
position.9 K9 t- g7 n/ b
POSITION OF MAY BEANS ON THE MONTHLY CHART e! B" P; T" ?' n
All of the 45 degree angles from important tops and bottoms have been' ~: Z) j, c9 o' y/ V
placed on this chart and the 45 degree angles in green from 0 have also been
% d" X& C6 v# I/ L' y3 H& ~' ^placed on it.
$ c5 h! K) B# i ?8 t* rAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
- W' s- f0 D: T3 J/ ^' @' ~* {/ s( pmakes resistance at this price and the 2 x 1 from January 1948 extreme high+ Q. i; H7 g& V* u8 d/ R* e
crosses at 307 making 304 to 305 the selling level. The monthly chart also5 k6 I0 E6 m/ C
shows that when the price is below 299 and 295 before or after March 20,
7 b B: p; K) G* ^/ e* a8 V. D1953 May Beans will be in a weaker position.# E2 f+ G7 {" a5 @+ _
Check all of the time periods on the monthly charts of high and lows and& C& N! B& q% \1 u
also on the weekly chart and you will see that between March 16th and 27th
" {8 X0 r1 a- _- G7 Ais very important for a change in trend., u# ~3 r. {% f L
By placing the Master Calculator on the highs and lows on the monthly and
8 P7 m) y& d" G+ a: y( v+ D4 Iweekly chart you can see all of the indications as outlined above. After you: x" B) l7 }, P' r- l
practice with the Master Calculator you will soon learn to use it and it will
- ^ l6 u# L' O7 }not be necessary to put geometrical angles on your charts. However time
8 [& O8 g, B2 }: S: cperiods should all be kept up and you should check the Master Calculator to4 [& Y/ G4 l" b- \* J C2 V
see that you have not made any mistakes in putting on the time periods from- M0 r4 _: W' x
previous high and low prices.5 f }- e( d: N& y/ y
THE W.D. GANN MASTER COMMODITIES COURSE7 c5 B# I1 j- \: r
(www.groups.yahoo.com/group/wheelsinthesky)
7 Q. U9 S& X8 B- O0 F/ t0 wPage 297
/ \" P& ^" F2 b7 v) l; K7 UMAY SOYBEANS DAILY CHART
& T5 a& H1 k+ ~From the low of February 13, 1953, 280, the 45 degree angle crosses at 300' b9 ~; X$ ]* \) }$ R8 _/ G/ Z- K
on March 16th and the price has never closed below this angle since it closed* f f- O: [& V; q1 S0 f
at 280 and the first day that it does close below it will indicate a decline. On6 o" Y+ A% N9 |; x0 o! ]
March 18th this angle crosses at 302 on the 72nd Market Day from the last
# v% u C8 G5 ^6 _) h' rhigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from$ S- Q% u5 H: O2 v8 r
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280& Z/ x9 K3 F- c2 |$ X8 p
making it very important if the price should close at 299 or lower on March5 f3 B5 p! l+ r: p" k
16, 1953.
6 R4 C$ O" C, HBy placing the Master Calculator on the daily high and low chart you can get
& b/ b+ _! t6 yall of these positions correctly. You will note that March 17, 1952 the high
! P+ C) j/ e9 o$ ^1 Q" S3 W4 dwas 302 and the price declined to 281 on April 21st. This also makes March" S8 Y/ g6 U' s: s( y# w* P0 C
17, 1953 important for a change in trend and April 2nd will be important
' D O( {& v7 v0 {2 m$ Vbecause it will be 4 months from the high of 311 on December 2nd./ W- |' ]3 {" u, k7 U
________[signature]________7 \5 U# U! J; f1 r
W.D. GANN% x; Z7 C3 L7 J3 W: x/ u( ^
March 14, 19533 v; }, A+ {+ B0 a0 N0 F. d T& n
THE W.D. GANN MASTER COMMODITIES COURSE
. u5 p4 F+ [+ O2 }$ {6 e7 E. }9 T8 @(www.groups.yahoo.com/group/wheelsinthesky)3 d; v) X: u) Q7 l; z# L( L2 B
Page 298$ [2 Q; R5 T1 ?/ m
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