Wave Targets- W5 Looks Underway

EOD:  Looking at 'a/1' and making it 'i'. Then making 'b/2' into 'ii' gives us an 'e/5' at the actual high of 3226.25 which equals the second white line target just below 3230.25.
Update: 12:56pm EST. 

Original Post-
Could be in for a long wait to hit lower end of VXX target zone which is looking more and more likely now. Wherever ES terminates when VXX hits that zone will be apparent at that time. There could be multiple bought pullbacks with ES continuing towards new high prices while that occurs. It is expected that the previous low in VXX will be challenged. It will be interesting to see where the weekly breadth signal (NYAD- MACD, lower left on chart) prints as a negative print on the signal value is most often required for a downward acceleration in the market but not absolutely required given the potential 'alternates' environment.

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