I started the bottomed out thread on July 13, 2011 when the market was skidding with no brakes and felt endless.
You are on the right track about topping out if you read the bottomed out 1st post.
I have been bearish this market since Nov 2013 while the market has continued to meltup. I closely follow Mpesa bank and it has proved to be a reliable signal since its IPO debut. The likes of @mukiri has been throwing stones at me for being the party spoiler with my never appearing sizable market selloff. False prophesy etc

NSE20 has the buying climax symptoms across many counters. When crappy stocks (very small caps) rally on endless price gaps on small volume, the market has run out of quality picks!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!