Mid cap crap again?

Around two months back I had put out a chart showing how at significant tops there is a divergence between mid cap and large cap indices as complacency or speculative activity continues a lot longer in the secondary segment of the market. But it acts as a warning sign in advance. What is hard to predict is how long it will take for this divergence to result in an actual trend reversal. Still its worth revisiting the chart. The CNX midcap index recently made a new 52 week high not confirmed by the Sensex/Nifty which are below the October highs. At this high the CNX index is at 2.618 times the June-July correction and the Nity is 1.618 times above. This divergence is one more reason why the top if any i the current range of the market would be of significant nature leading to a good retracement before another up trend can develop.