Well now it's much better. But in my opinion there still are some mistakes. At the beggining you tell the story, you could give little bit more time to read all it. It's obvious that you fixed many misspellings, but not all, anyway, it's a good point. Also it's quite short cinematic..
The demostration of Ice powers seemed okay, especially camera, but I wouldn't say so about fire. Camera was badly done, you could choose different angle of camera. Icebergs falled from the sjy and I saw it falling from there and it was something nice, but while fire meteors, you raise camera up looking at small spot of ground. I don't order you to set alsmost the same camera as while Ice, I just told an example. However, while Ice was falling, camera fade out and fade in in quite decent delay, but Fire explosion camera fade out and fade in took too long and it looks not proffesional.
Ending was pretty quick too, I would say, even too quickly. Elemental started talking and suddenly everything ended, that's the way to lose the impression quickly. If you might fade out everything (Dialog on block background (Endidng)) in like about 3-6 seconds, the impression would stay in your mind for a while. It's like, you dive into the story and when everything suddenly ends, it wakes you up. Ending everything in slow mode might be successful. Maybe all this sounds weird, lol, but that's how I understand cinematics / movies.
Also, the bad thing is that elements has no portrait, I mean you cannot see it talking. The only way to recognize which elemental is talking is to read his name. You get little bit messy, because you want to see action and what heroes are talking, with this problem you need to know who is talking every time again and again when someone starts talking. When you see speaker's portrait, you will recognize him when you'll see him again, it will be enough to look at colors of portrait not hardly trying to look who is talking when heroes are the same.
From 1/5 rating, I supposed to rate your cinematic, now it gets 1.5-2/5, hard to decide, I want to put it 1.5/5, but it feels like it's too low, but I don't want 2/5 cuz it still too good. However, it's your first cinematic, as I was saying. My rating will not change.