8:46 am PST. It looks like the market makers are expecting bonds to sell off after FOMC announces a rate hike tomorrow. BND had 1.3 million shares block traded at 80.13 and if we close below that’s bearish. AGG had 772k traded at 107.31. TLT will finally reach my downside target of $116 before seeing a multi-month bounce. That will probably give the necessary energy for BAC to finally also pop to $26.25 to complete wave (3) up, and then do a more lengthy correction. It is all coordinated. HYG and JNK might do a lower high tomorrow, which would be negative divergence.