Market Looks To Be Reacting to Syria

It appears around the same time the market started a pretty dramatic waterfall sell off, DHA news reported Turkey was firing artillery directly in to Syria, the market hates uncertainty and one country firing in to another with an already broken market is uncertainty and usually doesn't get a positive market reaction.

This looks like a wholesale dump, not vacillation intraday.

ES 1 min near waterfall sell-off, looks more news /fundamentals oriented than technicals, although the soft market here doesn't help.

USD/JPY is following to the downside so I don't see any immediate support for the market.

VXX/UVXY both look pretty good right here, I was just preparing a post / update for VXX/UVXY.