FTSE Elliott Wave Outlook: Bullish Bias with 5-Swing Progression

The FTSE Index is exhibiting a sustained bullish progression since its March 23, 2026 low. According to the Elliott Wave analysis, the index has formed a clear five-swing advance from that base. This structure is classified as a motive sequence, which typically indicates the trend is likely to continue.

The wave count supports the expectation of further gains in the near term, as motive sequences tend to be followed by additional upward moves. Traders are watching for continuation patterns that confirm the bullish bias.