Top of the market? - part 5

Stockmarkets around the world are taking another hammering this week, with the FTSE 100 down  1pc this morning after a major sell off in China.

So, I'm wondering whether the "top of the market" series I started on little old Betaville last summer highlighting several clear "top-of-the-market" indicators was a rather prescient warning for investors?

Or, perhaps this is just a "correction" ahead of another leg up post a few interest rate rises in US?

My head is telling me it's the former but my gut is telling me it's likely to be the latter...