Using the notion of Sξ-strictly singular operators introduced by Androulakis, Dodos, Sirotkin and Troitsky, we define an ordinal index on the subspace of strictly singular operators between two separable Banach spaces. In our main result, we provide a sufficient condition implying that this index is bounded by ω1. In particular, we apply this result to study operators on totally incomparable spaces, hereditarily indecomposable spaces and spaces with few operators.