Bear trap on nasdaq. something to look out for in the mornings. E-MINI NASDAQ-100 FUTURES (JUN 2021) CME_MINI:NQM2021 emehoke this is a setup that people are taught as a place where price has a tendency to reverse. I can't really explain the rhyme or reason behind it. I think it is because price is coming back into the area where institutions were trading from the previous day. Those same big fish type traders might be interested in that price again.