HOW TO USE THE MASTER CALCULATOR& r' v, }% a7 P2 @
MAY SOYBEANS
( ]. Q+ u. C: j[May 1953 version]
5 o1 t0 y" v* W! bFirst it is important to know how to use the scale for prices. The scale is the4 g5 G Y. c' }1 _
same for grain, for all grains and stocks. The scale on the left side of the- R- \5 M. t' T4 \" _2 x! `
calculator runs from 0 to 144. If the price is above 144, you subtract 144
4 X# [! E: a4 o% v3 J6 X" h# |. X& r$ Land then place the scale in the correct position.% f" H4 E- w0 Q1 A
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
: ]! c3 [4 f6 ^3 G2 R' a+ Mup from 0 and you place the Master Calculator with 0 on 288 at the time of
1 ]. y" a( G+ R, Q5 P8 C' dany important high or low levels and you get the correct position and the
$ H- |' b$ i n: D/ xindicated trend on the Daily, Weekly or Monthly Charts.: B$ ]8 V' {3 F
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and
% e$ A+ {! }; {; n% [5 Nother commodities. For Cotton on the Daily Chart using a 10 point scale
' f# @: h) J, w; g1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
+ M2 q4 L4 Q; g. lscale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the6 @, {+ L7 O" P, T
second square is 4320 and using a scale of 30 points for 1/8 inch on the7 K# K: D" N3 K
Monthly Chart, the top of the Master Calculator at 144 equals the price of
) a5 M. l6 E+ ^, r4320.- S. ]7 T% ~) x: L+ x
Using a 20 point scale the top of the chart equals 2880 and at 72 on the
$ i3 ]: ~4 j: Z0 Q3 I& esecond scale up, 72 equals 4320.# p3 j( A1 m# ~2 N
First it is always important to find out the price position in a square.- S$ s- w( b% i+ u+ X& Z2 p
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
" ~: l" ~, V* d432 and 4-3/4 in the 4th square.
# _: F/ ]( _' g' S* BThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives. }: P5 ?, P# R) x" n# X
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
9 U4 f+ B% I; R3 z% ?low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-2 y8 l% c; J/ Z1 }4 J
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
# r Z* M/ ]4 n' e2 z$ gTHE W.D. GANN MASTER COMMODITIES COURSE
$ j) j/ }" q3 C" f, w& u/ l- ?(www.groups.yahoo.com/group/wheelsinthesky)$ ^ W4 t0 u8 b' |9 V; k7 L2 m9 v% l4 I
Page 295$ C* d- I# I4 N0 i: `
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.8 P: K r' N, N) X. c5 T A" G
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
# _- t7 S1 g* ]) pa strong resistance level.
0 F& ^" e: H+ E- l0 ~. CFrom the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives6 u* J4 n5 a4 k9 h1 W) _
an advance of 143-1/2 which was just inside this 1st square of 144 and was,
5 n( N- I2 B9 q" m( itherefore, a strong resistance and selling level. This price would come out at
! a2 {" c0 T8 b# O! K, Fthe top of the square at 144. n" F' N$ Q* z7 \
1951 December 15th was 989 weeks from December 28, 1932.% U4 v) m' ?6 G3 l
1952 August 16th was 1024 weeks from December 28, 1932. High May
! n T9 b/ E# B4 k& EBeans 314-1/2.0 d. z$ x$ a- o$ b- Y8 L
1952 December 6th was 1040 weeks from December 28, 1932. High 311.
7 v7 l, a2 f8 E7 @/ g* `+ d1953 February 13th low of 280, time 1050 weeks from December 28, 1932.0 Y1 B+ }" t" g1 k4 t/ w
1953 March 21st was 1055 weeks from December 28, 1932.* o, ]; N+ v2 }: B4 ^! a) P
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle; I) u- Q, } R. A2 x$ W- [
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a5 |# K2 U4 _3 }( z) N+ u3 L4 `
change in trend.; Y1 ]/ {4 D& B& z
To get the price on a Master Square of 144 we add 144 to 67 which gives; Z4 s; p8 I3 H$ a
211 and add 144 to 211 gives 355. This is the 5th square and ends on May
2 j C+ O, e4 w. | G" X5 W% k4 l16, 1953. This square is marked in green on the weekly chart.
& y) k% {4 u( FPRESENT POSITION OF MAY BEANS/ x8 ^( j9 p% {: b% d
As referred to above, March 21st is 270 weeks from January 15, 1948. The
& w S" h. [, |$ Q% q4 X* N! p2nd square of 144 from the price of 44 is 332 and the 2nd square in price1 A$ h. @; z/ d
from 67 to 355.. H+ @9 n" g+ v
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
0 m4 x9 F8 _$ K4 C U8 {! n5 t( ?This is an important date for a change in trend.
- c( o& S( Q( wTHE W.D. GANN MASTER COMMODITIES COURSE
: a( R, T) t' C8 u& \9 Q& m(www.groups.yahoo.com/group/wheelsinthesky)
( k7 I& j9 d. E I% GPage 296: n9 ~; F1 s, M4 Q# _6 O
Note the green 45 degree angle moving down from 332 September 1, 1952
- K9 ?6 A' d: l) A3 J& d6 D1 rcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
0 g3 l7 k6 a. C3 G1 Q7 bwhich moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2; d* W- h( O$ O2 X6 e
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week$ C% \; r W: i7 O& J
ending March 21st. This is a resistance and selling level protected with a2 T/ z4 s( j( ~7 V- i0 C0 t
stop-loss order at 307.
1 ?& h: Z/ i& I* F4 T y3 a; l. kMay Beans breaking 299 during the week ending March 21st will indicate
; V7 n6 ^3 t, H+ M; m9 llower and breaking 295 they will be below the angle of 2 x 1 from October
8 @" S6 g4 j3 z/ c2 u) z16, 1950 when the low was 232-1/2. This will put them in a weaker; Z" |8 z# x- Z: H# P, n
position. The 45 degree angle from 211 crosses at 296 for the week ending
, M: j; t8 C6 A& e' r, y* m+ oMarch 21, 1953 and if beans sell below this level they will be in a weaker! h) M$ r* p' |" }* b' u5 ~
position./ z: r& c7 [! a8 y; p: H
POSITION OF MAY BEANS ON THE MONTHLY CHART
/ O5 N9 Y7 A8 `' ?4 O4 TAll of the 45 degree angles from important tops and bottoms have been( W1 @( C, [4 K5 H2 F0 o
placed on this chart and the 45 degree angles in green from 0 have also been' i2 M4 F) s- u, ^7 Y$ P
placed on it.
) G( r" @! `4 m/ `. ]At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948. q0 @: \' H2 u8 H* k% ~
makes resistance at this price and the 2 x 1 from January 1948 extreme high, D) l; F M7 }* T
crosses at 307 making 304 to 305 the selling level. The monthly chart also8 z2 M3 B6 B# G6 d4 d' r- l/ z
shows that when the price is below 299 and 295 before or after March 20,
5 D% t, R$ c, z7 | E$ u1953 May Beans will be in a weaker position.
$ n7 ~2 e; ]& p/ J$ GCheck all of the time periods on the monthly charts of high and lows and
- _* H# F c4 z3 B! r5 B2 Kalso on the weekly chart and you will see that between March 16th and 27th- ~- O8 Q& `2 b4 s& A
is very important for a change in trend.
. `/ Y5 M& F) q- G; |By placing the Master Calculator on the highs and lows on the monthly and7 H3 ?# S! J; G4 w7 P( `
weekly chart you can see all of the indications as outlined above. After you2 f* n% S, F- W+ u
practice with the Master Calculator you will soon learn to use it and it will
. Z5 B, G9 l8 `- wnot be necessary to put geometrical angles on your charts. However time
' n" s) T3 S) C" D+ o9 ^; zperiods should all be kept up and you should check the Master Calculator to
* y i4 r4 a/ @see that you have not made any mistakes in putting on the time periods from/ r* m* B4 [) b
previous high and low prices." a* j) x3 M/ S. v+ v
THE W.D. GANN MASTER COMMODITIES COURSE+ A% W& X6 j$ N& R( e! V
(www.groups.yahoo.com/group/wheelsinthesky)
, @) t# \, l9 j& ]1 [( s/ _Page 297 J& X+ N: o3 v2 f
MAY SOYBEANS DAILY CHART
3 e7 i V6 [% G/ Y" M% x. a9 p CFrom the low of February 13, 1953, 280, the 45 degree angle crosses at 300
! |# n- L! d) E' `8 L6 Von March 16th and the price has never closed below this angle since it closed8 u. {) b8 |1 G: @9 O; h& V7 B B
at 280 and the first day that it does close below it will indicate a decline. On2 E* f' Z) I- H
March 18th this angle crosses at 302 on the 72nd Market Day from the last: C) a, h' c1 [
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from1 C0 h7 a) I$ ^! _0 U/ |
311 crosses at 301 on March 16th and crosses the 45 degree angle from 2803 m' K x+ |2 E+ C$ E
making it very important if the price should close at 299 or lower on March
/ i1 U2 @4 _6 F: X, A0 i3 k+ g2 K16, 1953.
/ b6 ]: n9 v1 C. y% q5 TBy placing the Master Calculator on the daily high and low chart you can get: o0 c( b3 Y3 q: m7 |1 @- l1 b4 S& r
all of these positions correctly. You will note that March 17, 1952 the high
* x: Z5 F. I) }) O4 Xwas 302 and the price declined to 281 on April 21st. This also makes March0 U+ x+ \5 c4 P% C) k! x
17, 1953 important for a change in trend and April 2nd will be important
5 s( }; p2 O2 B9 @ ubecause it will be 4 months from the high of 311 on December 2nd.; }9 Z" u. K5 q# G' f
________[signature]________
6 Z6 s7 y; j% hW.D. GANN
4 M, F6 S" U& t9 tMarch 14, 1953& M7 p. u; \5 x$ L p: N9 b! u1 m, H2 c
THE W.D. GANN MASTER COMMODITIES COURSE- w( O' e) F9 V2 [& T- }
(www.groups.yahoo.com/group/wheelsinthesky)
6 x8 Q! a$ y5 V; ]6 NPage 298' G; k( ^. |7 ~
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