Respectfully, I suggested it as a
potential buy zone (30-33) based on my own methodology as I was only curious if you'd agree. It quickly became obvious that it wouldn't hold - and also that it wasn't a level you were giving any particular significance.
However, I note that the LOD yesterday was printed 5 points below what I posted as my initial target to the downside (4310) in the event of a good sized pullback.
Regarding catching a falling knife I did not trade yesterday anyway and was just watching as I had gotten my tick of profit, but let's just say that I've been conditioned to lean towards the long side after these last few years and don't find it too easy to short this market any longer. And going long (only) have been fairly profitable.
When I was completely new to trading it was the other way around. Only shorting and thinking the market would crash every day. Equally, I would be terrified to buy into a (potential) bottom. These days it's the other way around and I will often buy near a bottom, but be fearful of shorting a top.