Calling that a trend seems to be stretching it a bit. i think a stronger argument could be made that there has been a range shift from bull to bear.
It seems counter-intuitive that that peaks are higher, but then a lot of things about the market are like that <g>
BTW just for the record I have discovered my own super duper secret indicator <ggg>. It has a pretty good record of calling tops. here are some previous dates.