The market right now is overwhelmingly bearishly positioned, says Virtus' Terranova

The traders look ahead to today's Fed announcement. With CNBC's Scott Cohn and the 'Halftime Report' traders, Requisite Capital's Bryn Talkington, Virtus Investment Partners' Joe Terranova, Douglas C. Lane & Associates' Sarat Sethi and Odyssey Capital Advisors' Jason Snipe.