WIll the FTSE go down to 4000?

Hi All

With global pandemics continuing, inflation on the horizon, and the chart in a squeeze pattern at the 78.6% retrace - I think if the channel is broken and long term diagonal trend line heading upwards is also broken, then 4000 is a definite target.

I've been waiting all year, and i think it may happen soon

Good luck and safe trading.

Duncan