Did we just see a major high in the market?

Pivots really help identify the more important turns in the market. No pivot, no turn holds up nearly all of the time. Or at least you will see a break & recovery on lows or overshoot & break on highs. 

My take on the 4/1 top was that the market "should" go higher. Similarly, I nailed the likelihood of a trading top as of 4/19-20 pointing to the AprR1s on DIA, SPY especially and recommended a hedging trade, but as of then thought we would see larger levels than monthly for a major top. 

Interestingly, we have seen larger levels in play since then, referring to the YP / 1HP resistance zone in RTY / IWM vehicles. 

So considering:
SPX vehicles AprR1 tag and rejection
NDX vehicles YP break
INDU vehicles AprR1 tag and rejection
RTY vehicles YP / 1HP area tag and rejection (bang on the futs)
VTI AprR1 tag and rejection

AND

Daily chart RSI overbought several times on USA main indexes

AND

SPX 18x forward earnings resistance, roughly

AND

sentiment extremes

AND

timing 4/18+ on a key turn

It is possible that we just saw a major top. Highs tend to stretch out so maybe we will see another test or lower high before a larger drop. MayPs will be telling. Also I will be watching VIX MayP carefully too - usually when VIX is not worried the market comes back. When VIX shows trouble, the drop is for real. 

Please check tags of valuation, sentiment and timing for detailed discussions of each subject.