"An occurs primarily in the fifth wave position at times when the preceding move has gone 'too far too fast'. ... In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
A contracting diagonal takes a shape within two converging lines. This most common form for an (in a market) is illustrated and shown in its typical position within a larger impulse wave."
To add to the bias, is oversold with and many missed sit above price. SL is placed below lows with targets at the target line and .382/missed monthly for September 2015.