1842 may oir may not be significant, but the Nilkkei's 8% drop in 3 days (the equivalent of the S&P 500 falling to around 970) strongly suggests that the Japan market has peaked, And if Japan has peaked, the US probably has peaked also IMHO.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi