FTSE Elliott Wave Outlook: Bullish Bias with 5‑Swing Progression Since March 2026

The article presents a short-term Elliott Wave technical outlook for the UK 100 (FTSE), arguing that the index remains in a bullish five-wave advance that began from the March 23, 2026 low. The analysis says wave ((i)) peaked at 10,687.88, wave ((ii)) retraced to 10,132, wave ((iii)) advanced to 10,747.01, and wave ((iv)) corrected to 10,447.55 in a triangle. The index is now seen extending in wave ((v)), with room for additional highs before the move completes. The key near-term support/pivot is 10,132; holding above that level keeps the bullish bias intact. After wave ((v)) completes, the outlook calls for a corrective pullback before the broader uptrend resumes.