AMEX:VXX IPATH S&P 500 VIX SHORT-TERM FUTURES ETN
I've adjusted the degree of recent waves iii and iv. Near-term targets don't change, but longer-term path includes one more bounce and drop later into the Spring. Actual targets for waves (iv) and (v) will be dependent on resolution of wave ( iii ). I'll be looking for brief bounces to enter short, and will hold for lower targets as long as the pattern holds. Breaking above 19.26 would be a warning to shorts, and 20.24 would be an indication this count is clearly not playing out as shown.