HOW TO USE THE MASTER CALCULATOR
" `# q8 [1 ^& l1 `9 y3 ~MAY SOYBEANS- r+ O! J, D, Q: y. l8 S1 T
[May 1953 version]
" O) T! `8 C8 b: S W8 D0 p- UFirst it is important to know how to use the scale for prices. The scale is the* [# B6 B9 h2 C$ s6 ^
same for grain, for all grains and stocks. The scale on the left side of the' x# @" P; s$ b. {4 y
calculator runs from 0 to 144. If the price is above 144, you subtract 144
% ^- l8 ^" {% ^( G* r- w1 band then place the scale in the correct position.8 w8 m2 ]# F# E( Y
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144" \7 p) m: e; w$ p
up from 0 and you place the Master Calculator with 0 on 288 at the time of+ O- `, C( d6 G. U+ p3 d# d. I
any important high or low levels and you get the correct position and the
) g8 v7 I' l0 ], ?2 B: r8 k, {1 windicated trend on the Daily, Weekly or Monthly Charts.
+ n/ f8 \) `* V1 ~/ VThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and
* D$ \2 {( d6 s0 |* Q2 uother commodities. For Cotton on the Daily Chart using a 10 point scale& a& w% `& B& D! B7 j+ g7 b
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a' Y2 f0 i! {* N- O3 P: f1 f) K: H
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the8 G# D5 V# S3 ?; S
second square is 4320 and using a scale of 30 points for 1/8 inch on the, F8 Y1 B3 L0 x: {# L
Monthly Chart, the top of the Master Calculator at 144 equals the price of
3 j( g, ~# _& m4320.
6 g- a! Z' T, tUsing a 20 point scale the top of the chart equals 2880 and at 72 on the1 \: W( W. L6 \" U; ~- K# B% V
second scale up, 72 equals 4320.& I" B& k+ {5 V- z% A
First it is always important to find out the price position in a square.
/ Y- |1 y! |# M: q7 a3 u3 \+ {( jEXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is: {! s1 f8 ~' X% u. b% I0 }- u
432 and 4-3/4 in the 4th square.0 u) n; a/ L/ q' T# k0 i
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
0 v* W: U& M& m8 ?7 N4 M2 f5 W" {a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
1 ~3 e- v4 J0 m9 ]: C5 O, R3 H# Plow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81- @6 N' `! U5 H s. d6 ~
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.! s. S: l% j- k
THE W.D. GANN MASTER COMMODITIES COURSE
0 l- t6 \+ o/ ~0 ?4 q(www.groups.yahoo.com/group/wheelsinthesky)- M' `4 a) r! `% p
Page 295" w, P9 ]* j' N, y% v! a# ?
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2./ Y6 W; _; O: q7 ], o3 E
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
& a+ m ^7 O6 l6 a1 Da strong resistance level.
L+ g" p# }7 J) c4 LFrom the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives2 e/ w3 s7 f* B& M9 }
an advance of 143-1/2 which was just inside this 1st square of 144 and was,
( S2 @7 z' o4 _; L, h' @3 K: A: ctherefore, a strong resistance and selling level. This price would come out at; d H- F9 Q; G- o2 J( ]) V. ^
the top of the square at 144.
9 x: i% n8 @2 ~- m6 x1951 December 15th was 989 weeks from December 28, 1932.
. X/ V5 J8 S5 p% i1952 August 16th was 1024 weeks from December 28, 1932. High May
3 \6 o+ m# ]. kBeans 314-1/2.7 |% Y' s8 K1 ^$ T+ m0 F, [2 `2 ~
1952 December 6th was 1040 weeks from December 28, 1932. High 311.+ }4 x5 C9 r# z# v g6 D
1953 February 13th low of 280, time 1050 weeks from December 28, 1932. g: E. M6 [; W1 _ Z
1953 March 21st was 1055 weeks from December 28, 1932.1 v% i& @( X% p( L
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle' u8 J. M9 q$ x
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a/ M7 p) M& L* P
change in trend.0 U) x) H* o# n
To get the price on a Master Square of 144 we add 144 to 67 which gives
& D8 E0 y+ s' J& k! ~# d211 and add 144 to 211 gives 355. This is the 5th square and ends on May/ ], J7 r! W1 T
16, 1953. This square is marked in green on the weekly chart.
+ ^- T4 _! ~6 n, o& bPRESENT POSITION OF MAY BEANS; w6 K2 g5 [! Y$ E
As referred to above, March 21st is 270 weeks from January 15, 1948. The
, e9 b) h' a4 @, T, Q2nd square of 144 from the price of 44 is 332 and the 2nd square in price) Q8 K) f8 I ?; h% a. {
from 67 to 355.
: q; W6 ^4 Y9 C9 {March 19, 1953 will be 4 years from March, 1949 when the low was 210.4 C* ]# N* e" i% u( J
This is an important date for a change in trend.
% `; ^, F* c C* t- D [! w, tTHE W.D. GANN MASTER COMMODITIES COURSE
; a3 O" _* G6 @- r% r(www.groups.yahoo.com/group/wheelsinthesky)
& p# X1 x7 G) O. x( v) ePage 296& E& ~4 W B, N9 c: Z
Note the green 45 degree angle moving down from 332 September 1, 1952
3 s0 b3 n: ~4 |! qcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle) o; @$ ~2 y4 q. a9 c% h/ C( N
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 25 k7 @7 Q, n* `6 S
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week0 b% a' N* f% |2 T% w* [* W
ending March 21st. This is a resistance and selling level protected with a
: I3 X5 i8 }4 A( S7 Y6 j5 |9 Hstop-loss order at 307./ h# N6 R- A) f. L3 r
May Beans breaking 299 during the week ending March 21st will indicate
8 K6 w8 S, _# q3 p1 b. \3 Alower and breaking 295 they will be below the angle of 2 x 1 from October
# [' x) ^- _5 R* N, j6 z16, 1950 when the low was 232-1/2. This will put them in a weaker! R4 f2 z3 B$ E. B; H8 w# B
position. The 45 degree angle from 211 crosses at 296 for the week ending. I8 H$ I2 u& F1 m4 p- x
March 21, 1953 and if beans sell below this level they will be in a weaker
' U* @1 T0 M [1 J) Jposition.1 K) A8 C1 J, q* c' ^9 |, q% ?
POSITION OF MAY BEANS ON THE MONTHLY CHART
! `+ d2 e, Z! m% n* ?& v+ P+ \All of the 45 degree angles from important tops and bottoms have been/ ?/ c& ~2 z$ L6 x
placed on this chart and the 45 degree angles in green from 0 have also been' E2 N m. J; R7 \
placed on it.* S6 \4 k4 M+ r0 ?: u/ N
At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
6 ?0 ^7 I6 @0 Q1 Xmakes resistance at this price and the 2 x 1 from January 1948 extreme high M. E* Z9 Z3 @) g
crosses at 307 making 304 to 305 the selling level. The monthly chart also
: z. ^, X1 ] ]) ~3 xshows that when the price is below 299 and 295 before or after March 20,, z" F4 {& ^2 u; X0 }
1953 May Beans will be in a weaker position.
% C" U2 v, A2 D% dCheck all of the time periods on the monthly charts of high and lows and2 J( H9 C$ s, M/ x: {: H- r2 F- P
also on the weekly chart and you will see that between March 16th and 27th5 J A/ U' O% o% z
is very important for a change in trend.: }1 K! @) g! f! U7 M& p+ O. L8 f& r
By placing the Master Calculator on the highs and lows on the monthly and5 w+ D) c$ L2 @4 k' y6 i3 D$ M
weekly chart you can see all of the indications as outlined above. After you: W/ ~9 r" S+ d# `
practice with the Master Calculator you will soon learn to use it and it will: Y; v+ f& o4 `% l. ]7 U
not be necessary to put geometrical angles on your charts. However time/ V# V: Y4 s3 r1 i- k# Q; H
periods should all be kept up and you should check the Master Calculator to, g7 H6 Y4 u; \ X& H
see that you have not made any mistakes in putting on the time periods from
* W( p ]' ]9 K. \4 K7 [previous high and low prices.
3 J# e8 i4 P5 F! {+ d5 @- l8 S0 CTHE W.D. GANN MASTER COMMODITIES COURSE& U* ?5 ^5 C5 M6 H
(www.groups.yahoo.com/group/wheelsinthesky)& _: o+ u6 j# X( t5 Y! ?3 S% A1 b
Page 297
& O' U& ? B( z. F; S. N7 q+ sMAY SOYBEANS DAILY CHART( e) y/ {! _' r' l T( T
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300# j C$ W& M N2 Q3 r! q* h
on March 16th and the price has never closed below this angle since it closed9 i! F* S4 i6 k, Z% b+ O
at 280 and the first day that it does close below it will indicate a decline. On3 j; u6 `' J9 {7 j8 L
March 18th this angle crosses at 302 on the 72nd Market Day from the last
% D( M# m/ n) a% t3 O& D' nhigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from6 j$ O0 A1 o1 ~4 X$ ~# B5 u A0 t4 g
311 crosses at 301 on March 16th and crosses the 45 degree angle from 2800 S9 B1 z( b5 N9 Y- O
making it very important if the price should close at 299 or lower on March
5 M! _: q3 f; W4 I16, 1953.
8 K% i/ P, t: e+ k8 I: t" rBy placing the Master Calculator on the daily high and low chart you can get7 D; H7 i* J9 u7 x
all of these positions correctly. You will note that March 17, 1952 the high# O! W) o9 J( }! f: X& m
was 302 and the price declined to 281 on April 21st. This also makes March) x9 T& [6 N5 k( I$ G3 C3 @
17, 1953 important for a change in trend and April 2nd will be important
0 Z# w+ c$ g5 G& fbecause it will be 4 months from the high of 311 on December 2nd.
7 R) o5 Z. h3 G, u9 _$ n$ a________[signature]________
% U$ t* Y- [- { JW.D. GANN
" s+ H; @3 q) v n8 e; vMarch 14, 1953' n: N6 O, Y7 X( H
THE W.D. GANN MASTER COMMODITIES COURSE9 ^* ]. b" E& k) Q5 ~' B- E
(www.groups.yahoo.com/group/wheelsinthesky)- r3 |3 a- w* C: V( Z# ~
Page 298
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