MLPS down nearly 9 points as they are now making a full scale frontal assault on 1100 on the S&P and 10,600 on the dow. The mlp index is at 330 and this would be a new closing low for the recent trading range. Last hour cascading breakdown appears imminent.

EV Partners (EVEP) is down nearly 8. Alliance Resource (ARLP) is down 3.50. Linn Energy (LINE) and Williams (WPZ) is down 2.50. And we have a long list of mlps down between 1 and 2 points. Kinder Morgan (KMP) is now down almost a point and Enterprise (EPD) is down 35 cents as the days biggest winner or smallest loser. Nothing is moving on news but we are getting to the point where portfolios are selling down their winners as they may have sold everything else. Even Apple (AAPL) is down 7 and Amazon is down 3. Keep an eye on those two for overall market clues because the decline won't end until they have taken everything out to the woodshed.

Downside targets for me if they breakdown completely is 10,000 on the dow and 1050 ish on the S&P. The vix btw is just under 45.