Pretty Epic PS.
I love the choreograph and change of pace of the fight. Just a few critiques for next bout.
Try to keep the effects consistent, there are plenty of effects sprites out there to make up for Shang Tsung effects. I can see you want to be original with it but I feel that the drawn effects being use it kind of take the realism away. (Artist wise)
Steady your camera at times, a bit of too much movement gives the lagging effect.
Expand your backgrounds so it won’t brake out of shot. Multiply your effects to give transparent effect. Use better fonts or design them. Over all keep up the good work.