Despite valuation (see this post) and seasonal ("sell in May") concerns, it is my contention that markets will see pivot resistance - which means at least monthly resistance, and much more typically quarterly, half-year, or yearly resistance - before we see a major top.
From that view, SPY is doing fine above all pivots. April has traded entirely above the SPY monthly pivot without even a tag, likely on the way to AprR1 or higher.