HOW TO USE THE MASTER CALCULATOR
/ @9 S6 Q6 I% `. w2 F& K8 jMAY SOYBEANS7 y5 d) Q7 t j
[May 1953 version], F& _! D- [9 H4 U6 }# G3 ~5 I
First it is important to know how to use the scale for prices. The scale is the( h; f5 m$ A' Y3 i) _( U2 I1 {
same for grain, for all grains and stocks. The scale on the left side of the
- h4 _; R3 L* h" Q* Hcalculator runs from 0 to 144. If the price is above 144, you subtract 144: [5 \4 A J: A8 {. T1 [
and then place the scale in the correct position.
0 o8 o8 u/ Q$ [, Z7 uEXAMPLE: When May Beans is selling above 288, this is 2 squares of 144# p7 T" l& [ g5 A3 f6 h
up from 0 and you place the Master Calculator with 0 on 288 at the time of0 G( S: I2 J7 }, B8 K4 g
any important high or low levels and you get the correct position and the
1 C6 G3 v l& a3 f; [- pindicated trend on the Daily, Weekly or Monthly Charts.& a7 [2 e q0 H
The scale on each side running from 0 up to 4320 is for Cotton, Eggs and+ k; \6 {4 L' ]9 H" l+ `
other commodities. For Cotton on the Daily Chart using a 10 point scale
% M7 D+ P" N+ h- b1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a- }8 y& o. S5 W1 Q) n3 F6 d
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the! G: j1 @- t3 _1 d+ r5 r, m
second square is 4320 and using a scale of 30 points for 1/8 inch on the
' Z$ G& V& o1 K; }* ]" DMonthly Chart, the top of the Master Calculator at 144 equals the price of
7 U" D% u4 D* c& g- U" q4320.
6 Z6 ~$ a# }# N# T! K3 i6 A+ @Using a 20 point scale the top of the chart equals 2880 and at 72 on the
! a. e7 w0 `7 |2 D0 jsecond scale up, 72 equals 4320.7 R+ N% K' N+ O$ K: l+ R
First it is always important to find out the price position in a square.
( e1 z; @& R: R- f! nEXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
3 h6 Q" Q6 Z/ t/ `8 n/ e" X432 and 4-3/4 in the 4th square.0 m& n( C) `% R% A
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives5 s6 m- G+ w1 o; R
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
- B6 d$ v+ D0 E& M' S. p& k6 z9 [7 Rlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-6 u4 N |% d9 w' R
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
' Y6 z# a. s3 HTHE W.D. GANN MASTER COMMODITIES COURSE& ]" f8 ]& `* B6 y; ?7 t1 v! U
(www.groups.yahoo.com/group/wheelsinthesky)9 V, q2 q0 w0 {5 l. d# C+ u I
Page 295( }, [! x7 q5 d. i4 w% u
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
) ]* E8 R9 F* U0 p. `, F* `2 b8 bA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
( I8 \; h) f" ^7 Va strong resistance level.9 ?( |7 K5 w% n9 W/ B6 ~* U
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives' w5 g% Q0 z& |) D
an advance of 143-1/2 which was just inside this 1st square of 144 and was,
8 q2 L: _) x) ?4 W) d0 btherefore, a strong resistance and selling level. This price would come out at, Z* O! Z& [2 F7 `
the top of the square at 144." A# t6 u2 v t R C# ]# R" W
1951 December 15th was 989 weeks from December 28, 1932.
- V$ o3 }0 R* n3 j$ c3 f1952 August 16th was 1024 weeks from December 28, 1932. High May+ [6 j, g# B# h3 a8 ]9 w
Beans 314-1/2.
# _% a; V$ ~( w- b2 U1952 December 6th was 1040 weeks from December 28, 1932. High 311.
( Y+ b$ Y4 S/ y% O! _1 r' x1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
& b/ X4 [) D1 i1953 March 21st was 1055 weeks from December 28, 1932.
7 Z7 j0 V7 Q. B: `3 U* QMarch 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
/ r @: S, a, H1 f' r$ Tof 360 days and this is 7/8 in the 2nd square of 144 making it important for a5 {, {5 z, l& F) W
change in trend.5 \$ A- J9 s- w# f9 L
To get the price on a Master Square of 144 we add 144 to 67 which gives# U+ }9 g* }9 ]/ E
211 and add 144 to 211 gives 355. This is the 5th square and ends on May
/ ]% L. L) f# ^) e8 K$ W* T3 S16, 1953. This square is marked in green on the weekly chart.
( [, l3 i" R' i3 h# q0 N/ }PRESENT POSITION OF MAY BEANS: x- E# f- r \7 @6 W$ y
As referred to above, March 21st is 270 weeks from January 15, 1948. The# K9 ` I# u+ |- G! h7 g
2nd square of 144 from the price of 44 is 332 and the 2nd square in price5 g5 i( o" [8 M
from 67 to 355.) A- M' b; P. ~$ R3 A* ?
March 19, 1953 will be 4 years from March, 1949 when the low was 210.4 l" A- g/ r, p( }# w# f
This is an important date for a change in trend.: {. [: A' ?( S1 @: h
THE W.D. GANN MASTER COMMODITIES COURSE
3 t- Y. J6 R: `6 V# J1 i# n v& m(www.groups.yahoo.com/group/wheelsinthesky)1 T2 Y/ B) G) n) D) E) ?8 Y$ d3 s
Page 296
) @8 }( W/ N2 o! e' I0 M5 u# WNote the green 45 degree angle moving down from 332 September 1, 1952
7 x7 ?- y1 Y6 Z) scrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle$ [0 b* b: k% U, g6 Q2 M' _
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
' j3 U* @7 Z# ?9 E7 t+ l! _x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week' Y) n5 O6 \+ {2 y/ s2 \
ending March 21st. This is a resistance and selling level protected with a- W& w6 w/ F$ j1 L1 A
stop-loss order at 307.
7 Z9 ^7 z0 p4 eMay Beans breaking 299 during the week ending March 21st will indicate
6 Y1 D1 t' c6 m! f5 ~5 ?* z! Dlower and breaking 295 they will be below the angle of 2 x 1 from October
* I) p5 S& d) e- ^6 \9 ?16, 1950 when the low was 232-1/2. This will put them in a weaker+ R3 y' u+ E, v' i; k0 {0 z9 e
position. The 45 degree angle from 211 crosses at 296 for the week ending
" \0 C$ E$ e8 S8 T, r9 {March 21, 1953 and if beans sell below this level they will be in a weaker6 i) j& N" o E; p7 B
position.
3 }7 X) P9 A# v7 f c* e8 [POSITION OF MAY BEANS ON THE MONTHLY CHART; b" }# N t& \' T
All of the 45 degree angles from important tops and bottoms have been4 o( k7 ?( P! {5 {1 u5 V
placed on this chart and the 45 degree angles in green from 0 have also been
' l5 W. a. G& Z- v$ V5 Splaced on it.
6 x+ m5 B; z5 ZAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948% z z a9 ?1 M4 Z$ p* E8 `- x
makes resistance at this price and the 2 x 1 from January 1948 extreme high
. _. d( \9 W8 J$ vcrosses at 307 making 304 to 305 the selling level. The monthly chart also
3 C! R8 ]9 Q- W, f$ ^5 f) Dshows that when the price is below 299 and 295 before or after March 20,2 t$ {* e N! J! p3 y
1953 May Beans will be in a weaker position.
1 L7 O# X" H0 D$ dCheck all of the time periods on the monthly charts of high and lows and; e: Z4 h5 h* C( z
also on the weekly chart and you will see that between March 16th and 27th
0 @* J; X. l# e+ A; n5 Vis very important for a change in trend.4 R& u S- n R) o8 a3 q$ c. X
By placing the Master Calculator on the highs and lows on the monthly and' m( F( Z+ R4 X- i1 l
weekly chart you can see all of the indications as outlined above. After you- {3 B0 ~( ]2 w! g+ `, v7 {+ w
practice with the Master Calculator you will soon learn to use it and it will; O" m% |1 W, _8 K
not be necessary to put geometrical angles on your charts. However time- C* s2 q) {" m- T) d3 c1 p; Y
periods should all be kept up and you should check the Master Calculator to+ b# R! J* \. x7 m) |8 A
see that you have not made any mistakes in putting on the time periods from
* S) f; H) n7 W3 e6 K) C9 r, Rprevious high and low prices.
4 A" q" ?* F7 f8 |( S0 M r6 `$ xTHE W.D. GANN MASTER COMMODITIES COURSE# `$ w( d% E, F- i& C* `0 g: N9 G
(www.groups.yahoo.com/group/wheelsinthesky)$ t! m+ V: z7 i
Page 297
# r I& Y" X6 A5 Q8 C8 R# MMAY SOYBEANS DAILY CHART% K& A2 m% c* _- B+ s4 `' b
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300
& |5 F! k2 G' O/ h7 F9 eon March 16th and the price has never closed below this angle since it closed2 R/ P, R0 K& B( e O
at 280 and the first day that it does close below it will indicate a decline. On
% T) h% P7 U K+ QMarch 18th this angle crosses at 302 on the 72nd Market Day from the last/ K" u6 Z- \2 q0 d7 u+ q' ]
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
+ D5 k' h# B. X1 r# R. d311 crosses at 301 on March 16th and crosses the 45 degree angle from 280% e: d, m; N) X
making it very important if the price should close at 299 or lower on March2 X+ G( \& I$ I& Z5 x% ~
16, 1953.2 @2 s I' Y) C8 t+ L
By placing the Master Calculator on the daily high and low chart you can get5 `! o u4 Y2 ?( c, |0 N
all of these positions correctly. You will note that March 17, 1952 the high k$ w6 ?4 N/ F. f) g
was 302 and the price declined to 281 on April 21st. This also makes March
: q p! u' e3 C) J( U17, 1953 important for a change in trend and April 2nd will be important( V K5 {1 a, a% @. H$ g! M
because it will be 4 months from the high of 311 on December 2nd.
9 }3 e V v6 W/ ^________[signature]________8 x) L8 `. b3 O
W.D. GANN
5 \6 \) p/ i( F7 g$ C: q9 f1 OMarch 14, 1953
' T( ]6 F5 _' P: W" Q# nTHE W.D. GANN MASTER COMMODITIES COURSE
; w: h) J4 k! L( Q. O) N(www.groups.yahoo.com/group/wheelsinthesky)- z2 a C1 ]5 ^& F* I
Page 298
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