If circle wave '3' finished at today's low, then a small bounce higher is likely to be contained below 185.
The higher probability scenario is what I have labeled on the chart. That is to say we are in the beginning stages of wave ( iii ) lower that may carry us towards 178 and possibly lower to 173.
Retail sentiment is positioned at -1.3 so it is not extreme in either direction. If we see pick up and/or retail sentiment show up as buyers then that could add more fuel to the fire.
Good luck and happy trading!