HOW TO USE THE MASTER CALCULATOR% b. |' L5 q) U+ f0 f% v- ]
MAY SOYBEANS
9 W y* u" }. v6 U, D" E, }$ e7 d E' K[May 1953 version]
# w" y/ ~+ z, h) t9 ?First it is important to know how to use the scale for prices. The scale is the& A& _! A) ]# l4 G. X
same for grain, for all grains and stocks. The scale on the left side of the8 {+ B% b4 x! f$ R. ^3 d" S% d j1 L
calculator runs from 0 to 144. If the price is above 144, you subtract 144* w9 p& Y, Z. z. Z1 I
and then place the scale in the correct position.- q( V7 K% G* O# L S0 Y4 a- |
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 1446 [# p! }& E, W* ~& P
up from 0 and you place the Master Calculator with 0 on 288 at the time of
! ^) j8 w# ]$ a) E& m/ [+ M4 wany important high or low levels and you get the correct position and the
! m; j: p1 c) Zindicated trend on the Daily, Weekly or Monthly Charts.
: O8 Z, Y- ^, D6 }* \% IThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and5 G( ?) P* W0 T p' y# E8 r+ e
other commodities. For Cotton on the Daily Chart using a 10 point scale
& n3 |1 Y0 [* u$ c1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a7 \% u* e, C: M- Q
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
9 D, H) V$ F/ x, Z4 ^; Isecond square is 4320 and using a scale of 30 points for 1/8 inch on the
2 W+ \4 d% @' H6 U4 {+ QMonthly Chart, the top of the Master Calculator at 144 equals the price of
- m1 f, Z: K/ ~, d; m4320.9 c3 _* v3 D; ^) C: q8 I9 N
Using a 20 point scale the top of the chart equals 2880 and at 72 on the
/ R' k, v$ @ c& y) Tsecond scale up, 72 equals 4320.
/ D" [" F* n) h7 zFirst it is always important to find out the price position in a square./ u/ R8 P g) d7 m' g/ |
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
+ w, ^( c) |9 m+ s( L3 p432 and 4-3/4 in the 4th square.
. u2 K/ p+ S5 H) [5 O3 qThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
- t: E& {. C+ ?. ?& L; t$ Aa range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme+ q$ h# V5 E- ]2 M0 e" i7 h
low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
; n' f& l; k W7 D+ W! k3 j& x- }3 ~( n3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.1 [& I* Y! J6 x& l2 I4 m
THE W.D. GANN MASTER COMMODITIES COURSE
% a( b+ ~: S+ ~% y" X(www.groups.yahoo.com/group/wheelsinthesky); g- y$ M0 `7 C: k, e/ T
Page 2957 U6 c; K6 @- y. l3 s
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.& A3 Z5 T8 D6 e, x$ p+ Z
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
! o+ q/ @5 n$ I7 |6 }+ Z0 A' F: e, ta strong resistance level.. [, S3 B' h2 A% E+ N
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
- _8 j; ^: {$ |! @; dan advance of 143-1/2 which was just inside this 1st square of 144 and was,7 O2 G4 m" j5 |3 Q
therefore, a strong resistance and selling level. This price would come out at) f! E! D( D$ Z. a! W
the top of the square at 144., Z) O# s) } b9 V+ X; _
1951 December 15th was 989 weeks from December 28, 1932.
8 n5 U& X# G: p1952 August 16th was 1024 weeks from December 28, 1932. High May
+ f8 A& V9 G1 E( sBeans 314-1/2.
! G, I, |4 q5 F6 Q" c( n3 t6 k1952 December 6th was 1040 weeks from December 28, 1932. High 311.
5 g; l6 F. D! V+ o4 n) b1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
5 N6 @* d9 `2 t1 }& Q6 h) Q1953 March 21st was 1055 weeks from December 28, 1932.# O# N' ^, _; V; M" G
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
# g- S- \0 B9 Jof 360 days and this is 7/8 in the 2nd square of 144 making it important for a0 Z/ S0 [" y7 c# _( }- G, {+ ^# d
change in trend.
4 ?. i" v% F U$ l6 PTo get the price on a Master Square of 144 we add 144 to 67 which gives$ Q e6 W. p M6 X& o4 o3 p
211 and add 144 to 211 gives 355. This is the 5th square and ends on May: m+ }, X( z+ w) Z
16, 1953. This square is marked in green on the weekly chart.
& ^9 |" ?3 f2 `) F: m T! pPRESENT POSITION OF MAY BEANS e6 }* K& k; u; Z& O$ C5 o
As referred to above, March 21st is 270 weeks from January 15, 1948. The8 i6 w+ A& u4 I$ Y- D7 X; t5 {
2nd square of 144 from the price of 44 is 332 and the 2nd square in price4 D, j6 @# L1 Y5 |2 w8 Z. `2 p
from 67 to 355.
. ?* G5 x* x1 dMarch 19, 1953 will be 4 years from March, 1949 when the low was 210.
. G9 [9 }4 T8 fThis is an important date for a change in trend.
0 J% F, G* T% X# oTHE W.D. GANN MASTER COMMODITIES COURSE
* S% E5 m3 t, ]! N* {, m% W(www.groups.yahoo.com/group/wheelsinthesky)
& V) t; P$ C4 p. u1 P1 ?Page 296" j8 V- y$ v: U+ h. B% I& \
Note the green 45 degree angle moving down from 332 September 1, 1952
$ E; g% a" R5 n g4 F6 k! Dcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
1 I% Y4 L Z( |7 z! J4 z( Twhich moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
6 D1 n- m$ K) ~" T! @ \+ X9 {x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week3 ^8 ~/ q/ [) d8 G; o' j
ending March 21st. This is a resistance and selling level protected with a
6 H ]! r+ V6 K6 u/ u8 r9 C1 sstop-loss order at 307.
. y: g( h2 d* s; `; HMay Beans breaking 299 during the week ending March 21st will indicate5 U/ p4 o- i. V! c. x" k
lower and breaking 295 they will be below the angle of 2 x 1 from October
t* @- [2 z1 e: `16, 1950 when the low was 232-1/2. This will put them in a weaker+ y- }* G" t' U
position. The 45 degree angle from 211 crosses at 296 for the week ending
\/ f0 G# B% |% ~& x" R, nMarch 21, 1953 and if beans sell below this level they will be in a weaker
N6 v* g0 ~" r0 H" r- h. ?% Xposition.
6 N4 m, u1 j/ L( LPOSITION OF MAY BEANS ON THE MONTHLY CHART
/ G( ?& N; Q1 G' f" b- qAll of the 45 degree angles from important tops and bottoms have been
* Z3 @/ J; j, g- v% v# N C/ E! \placed on this chart and the 45 degree angles in green from 0 have also been
1 i, L) x1 N. ~% d1 D# v- r( Mplaced on it.
: Z- b8 |+ ~, J" ^- }At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948# ?; D& F1 q) H' L" {& B/ J
makes resistance at this price and the 2 x 1 from January 1948 extreme high
. f. A- l% @7 l' i7 f. d$ icrosses at 307 making 304 to 305 the selling level. The monthly chart also
; \/ R; F3 C8 g& E1 V! ^0 sshows that when the price is below 299 and 295 before or after March 20,, x- B3 q, K# w2 n/ j4 O
1953 May Beans will be in a weaker position.
6 u/ ^" j% E" xCheck all of the time periods on the monthly charts of high and lows and/ B ~! z/ t% I2 M$ G& ~( H2 T
also on the weekly chart and you will see that between March 16th and 27th
4 M$ L6 [0 i" X/ @3 wis very important for a change in trend.! U" j% }! Z5 {! i
By placing the Master Calculator on the highs and lows on the monthly and/ a" G( d7 L$ b9 ] H7 f
weekly chart you can see all of the indications as outlined above. After you
, ?, C& a6 k X1 Lpractice with the Master Calculator you will soon learn to use it and it will- A5 L1 |: V* c2 ]( u! K
not be necessary to put geometrical angles on your charts. However time4 A- h5 \) C; ]8 q% t! v
periods should all be kept up and you should check the Master Calculator to% }5 S2 K% X$ ?1 C) d' \5 ^1 y
see that you have not made any mistakes in putting on the time periods from( |3 X, m: M! ?" o2 ?$ v
previous high and low prices.
2 V& x6 h) E5 L2 _" i+ QTHE W.D. GANN MASTER COMMODITIES COURSE
! X% Y+ {6 l/ _8 M0 i& L(www.groups.yahoo.com/group/wheelsinthesky): u6 E8 ~$ n, C) L/ S! a
Page 297
- [. B# U2 I4 D% @MAY SOYBEANS DAILY CHART
C8 Q/ J! A# k: xFrom the low of February 13, 1953, 280, the 45 degree angle crosses at 300- b1 [4 Y B$ u% c
on March 16th and the price has never closed below this angle since it closed
: k+ u$ v8 q1 f* S8 t- F1 hat 280 and the first day that it does close below it will indicate a decline. On
7 A2 H6 b7 t7 A$ s8 N3 I. QMarch 18th this angle crosses at 302 on the 72nd Market Day from the last- X- H* o, ^, g. c
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from7 w. ^ ^( k9 {: `9 \; v" K
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
* h3 f. j/ r; H) gmaking it very important if the price should close at 299 or lower on March
7 w, v+ Z% E2 c. m G16, 1953.
9 f _& }1 l- W4 C- wBy placing the Master Calculator on the daily high and low chart you can get
: \4 }' d; p% v# I( G; O! Xall of these positions correctly. You will note that March 17, 1952 the high
7 o: W3 ~' g# F+ n m- m Nwas 302 and the price declined to 281 on April 21st. This also makes March$ c7 u6 J2 R$ ?/ Y( `3 {, P
17, 1953 important for a change in trend and April 2nd will be important
. B$ x5 u8 e+ M' ibecause it will be 4 months from the high of 311 on December 2nd.1 D' j; ^! y3 z7 \3 @( l6 {( B
________[signature]________
4 J! N: F( v$ {2 S; [W.D. GANN
5 |* n! z' F6 H# M9 D6 WMarch 14, 1953
. j* `4 W9 D8 R' k7 b: ^THE W.D. GANN MASTER COMMODITIES COURSE
a( f2 [' W2 Y) G% Y* v$ E- W(www.groups.yahoo.com/group/wheelsinthesky)
' c1 Z5 x: Z9 \* K, ~! b: }% \Page 298+ I( K1 `8 D6 o0 }- L
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