After many failed attempts to break to the upside, the market reversed to the downside.
Looking at the daily chart, Wednesday there was a shooting star on a cycle's peak and the top could be of minor degree, so in the short-term, the trend remains bearish.
Analyzing the intraday chart (3 minutes), the structure of the bearish movement seemed to be a impulsive until half sitting, then the failure to bounce brings me to consider a double zig-zag with the waves [w] and [x] finished and the [y] in progress, but the strong oversold in the oscillators suggests a rebound, so the alternative scenario (wave [w] is bottoming) has a similar odds.
The pattern is not clear and the risk is too high; it's better to wait for clarification.
Have a great trading day...with care!