For this and next week, if we get a market pullback, we want to watch 7050. Any weekly close below 7050 is likely a signal that market top could be in. Knowing this, one could consider buying the dip (if there is a dip) and use 7050 as the signal line for downside protection.
Also, even if market has not topped, some level of pullback (small scale, 2-3%, if market has not topped) should be expectd on SPX in coming days.