HOW TO USE THE MASTER CALCULATOR
$ ?1 x I% X/ u1 L1 Z9 JMAY SOYBEANS: Y8 f3 V V, B' b+ h
[May 1953 version]; c7 O8 q5 } K/ o) N# n+ v
First it is important to know how to use the scale for prices. The scale is the; ] g5 V* ?5 P9 N
same for grain, for all grains and stocks. The scale on the left side of the7 C( F' \0 W- U, j, |6 P8 K
calculator runs from 0 to 144. If the price is above 144, you subtract 144
0 ^8 _, P' r$ g% ]" y: \8 Hand then place the scale in the correct position.9 \. h+ T. g5 h7 J" w7 } d
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
* U) i' \1 v8 J: ^3 Tup from 0 and you place the Master Calculator with 0 on 288 at the time of
V* }3 g& n' G" vany important high or low levels and you get the correct position and the6 N Y0 N, O7 y' j* r* E0 o
indicated trend on the Daily, Weekly or Monthly Charts.
2 [. y) r( R3 H2 n' d. iThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and: A$ M& ?0 y2 I4 t i* p" z1 k" L
other commodities. For Cotton on the Daily Chart using a 10 point scale
& v7 u) L/ A% U) I% L4 o1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
0 V1 L, {4 x5 J7 v) m! _: a$ D& h( `+ iscale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
1 l" i" r+ o* I/ Bsecond square is 4320 and using a scale of 30 points for 1/8 inch on the. {! D& p: J6 \/ g# I
Monthly Chart, the top of the Master Calculator at 144 equals the price of
+ {' R& B( S a9 T0 a& i4320.
7 s8 y, o. b5 i% l1 N! W# jUsing a 20 point scale the top of the chart equals 2880 and at 72 on the4 ~$ w8 t- X7 R
second scale up, 72 equals 4320.2 |$ j1 I- }& V" ^5 X
First it is always important to find out the price position in a square.$ u( v: W: Z! K2 E4 n2 l4 Q
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is3 a: Q& g2 a; g' `# R7 X
432 and 4-3/4 in the 4th square.
( U3 j( } L N1 e0 B. DThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives+ Q! x, |( C; x6 P) V
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme1 Z$ Z2 ^6 d7 ?
low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
( c( o. P( N' K, G3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.: X, k$ V1 u0 Y6 q
THE W.D. GANN MASTER COMMODITIES COURSE
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4 ^: v& F% ? M, Y4 u" _9 J2 S( PPage 295( R; H) u; W" q+ W' G! {. W/ q
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
# r) l6 X' c9 C& j% iA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
# p" x$ X6 a/ J# f$ [a strong resistance level.
8 }& v5 k- l9 l a% v1 i) J8 q+ @From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives; }; z. W3 c( H! a
an advance of 143-1/2 which was just inside this 1st square of 144 and was,* d0 g) y7 I5 X5 U" X/ u: u' {( {
therefore, a strong resistance and selling level. This price would come out at
4 y7 V& X" @" \the top of the square at 144.7 y9 D/ m( A( H# X
1951 December 15th was 989 weeks from December 28, 1932.: o8 r; l0 `4 H! z
1952 August 16th was 1024 weeks from December 28, 1932. High May& b: s- P4 q4 M/ d& f& F/ \, U% m
Beans 314-1/2.
9 Z6 o4 F' G" R+ b1952 December 6th was 1040 weeks from December 28, 1932. High 311.
: H. d% m/ }, ^/ ^, L9 V3 k1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
" B7 z& N3 m0 H: U& J) }1953 March 21st was 1055 weeks from December 28, 1932.
" F8 X; n# \- T& y7 J r8 f5 A" LMarch 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle- O! P6 s, E) Y% U" a
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
6 ?- r' _" ]6 jchange in trend.
0 o+ h7 b3 z% ^/ f7 R, l9 |To get the price on a Master Square of 144 we add 144 to 67 which gives, |7 {* G' z8 q. J+ O5 Y6 I
211 and add 144 to 211 gives 355. This is the 5th square and ends on May% i0 C+ q" ~2 m$ y% O6 t
16, 1953. This square is marked in green on the weekly chart.2 Q/ s2 w0 t3 \" Q2 W2 q7 r9 N
PRESENT POSITION OF MAY BEANS
* I' U, z# Z5 oAs referred to above, March 21st is 270 weeks from January 15, 1948. The
9 h1 A' L$ @. b; D6 ^9 \8 V0 ?7 Z; Y2nd square of 144 from the price of 44 is 332 and the 2nd square in price" X& u" P; q( x9 X% r1 n+ k
from 67 to 355.
$ K9 q* ]7 E1 Y7 nMarch 19, 1953 will be 4 years from March, 1949 when the low was 210.3 w2 s( k! c9 K+ i
This is an important date for a change in trend.0 ~6 i1 ^! I# @" F. ~
THE W.D. GANN MASTER COMMODITIES COURSE
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Page 2965 h. w' K' ]7 @% o( Y
Note the green 45 degree angle moving down from 332 September 1, 1952
) X4 ]. Q" x* F+ e& Vcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle- v2 K8 A: Y/ \0 _. n% c+ k' H0 ?
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2+ v) J) k+ D% N- b
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week9 f1 r0 e/ M6 ^4 d. P
ending March 21st. This is a resistance and selling level protected with a
( S+ C% g2 {# r" E* S% ~stop-loss order at 307.8 h' e7 ^0 ` G% i, U
May Beans breaking 299 during the week ending March 21st will indicate
9 ^! R {" ~0 olower and breaking 295 they will be below the angle of 2 x 1 from October0 @) T, h4 o- o8 X6 q
16, 1950 when the low was 232-1/2. This will put them in a weaker2 o- X% P" A& k2 C0 k4 S
position. The 45 degree angle from 211 crosses at 296 for the week ending
. O+ x% Y L8 z% hMarch 21, 1953 and if beans sell below this level they will be in a weaker
3 d: `( b7 x, t! |/ Aposition.
: `/ D: ~) Z& W+ Q' t5 [, KPOSITION OF MAY BEANS ON THE MONTHLY CHART
" |4 K$ O2 r" N' I8 ^All of the 45 degree angles from important tops and bottoms have been
6 w; }) P+ b% _# R/ c9 Dplaced on this chart and the 45 degree angles in green from 0 have also been1 B. K9 W' B, S, u" b% S, O( f& e7 h
placed on it.
1 w) b9 d9 W. J% G; {At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
" D, [" w! I1 R4 O# ]makes resistance at this price and the 2 x 1 from January 1948 extreme high% v$ @" A/ T K$ m0 V1 v$ }$ ~1 a
crosses at 307 making 304 to 305 the selling level. The monthly chart also
: o' @; }: H6 G9 B/ [, W: jshows that when the price is below 299 and 295 before or after March 20,: f4 J$ D% O- J( ^4 [9 T
1953 May Beans will be in a weaker position.
8 x+ \) @0 o1 oCheck all of the time periods on the monthly charts of high and lows and5 C' E' |6 D6 O) H$ K
also on the weekly chart and you will see that between March 16th and 27th
; e& L9 _. Z6 @, {" v% x! Vis very important for a change in trend.
, r7 H' ]6 O' |By placing the Master Calculator on the highs and lows on the monthly and% q7 k2 v& \5 A$ u# x- U7 ]( h
weekly chart you can see all of the indications as outlined above. After you# D/ c. `3 E" E0 t5 ]+ ?0 S3 _4 j
practice with the Master Calculator you will soon learn to use it and it will
7 d; N/ o0 \$ }& z/ f5 |' knot be necessary to put geometrical angles on your charts. However time+ q, X" F, }/ W6 |5 A2 Y
periods should all be kept up and you should check the Master Calculator to
$ [& W1 k9 M) M+ y1 O! |/ vsee that you have not made any mistakes in putting on the time periods from) G7 l9 y# _" q3 }# D
previous high and low prices.
. X0 C, p) k8 W0 t& Q- yTHE W.D. GANN MASTER COMMODITIES COURSE
# j! ^ z( Q* l" Q% j(www.groups.yahoo.com/group/wheelsinthesky)
" p2 |, I! Q3 s! S1 NPage 297" E/ k" m* D6 \* F- p0 f
MAY SOYBEANS DAILY CHART$ u% l" I7 ~ j6 R! B4 O% A- q3 N4 H; w
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300/ f$ _5 K+ ?5 k+ a) \
on March 16th and the price has never closed below this angle since it closed- ]7 g2 {# Y; l. [
at 280 and the first day that it does close below it will indicate a decline. On: q7 r; Q2 q- T/ F7 D1 P( I, J* n/ R
March 18th this angle crosses at 302 on the 72nd Market Day from the last+ m" d- Z: t$ M6 S" m& e7 r/ u! v8 Z
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
B' S. ]' G9 e8 D, q b311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
& X& t A, h. c5 l Ymaking it very important if the price should close at 299 or lower on March9 @- ?2 L! Q" @ ?1 F0 |9 q
16, 1953.( t4 d8 u% K% o; Y7 W8 L9 a
By placing the Master Calculator on the daily high and low chart you can get# ~3 _. ?! B3 ]$ F' T9 F6 D
all of these positions correctly. You will note that March 17, 1952 the high
/ @4 m, L+ H5 m% @was 302 and the price declined to 281 on April 21st. This also makes March
% c9 U9 l7 L) h$ }; l17, 1953 important for a change in trend and April 2nd will be important
* ^8 a2 b. g P$ o( I# z j; Kbecause it will be 4 months from the high of 311 on December 2nd.
0 X) @% u% h/ n5 @1 ]: i________[signature]________
- I6 _9 \4 c/ s, {W.D. GANN
! y3 T4 a/ T( kMarch 14, 1953
2 L% z& N, G: n! b- a5 J& NTHE W.D. GANN MASTER COMMODITIES COURSE
/ X' O, _" u+ Q& u ~/ o, x- [(www.groups.yahoo.com/group/wheelsinthesky)
5 K3 h& p7 U" B; x0 d& X0 T' RPage 298
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