FTSE 250 - caught in two minds

Caught very much in two minds as to the likely outlook for this market although EW theory would suggest that after a rally perhaps I should be looking for more downside as it is perhaps shaping up into an ABC zigzag after a pretty clear 5 waves up and 5 waves down......or then again....is this just a series of 1-2, 1-2's?

Comment:

Very slippery customer this one.....perfect 5 waves up but still not confident as to what's going on here...