Despite recent concerns about a potential stock market crash, the charts suggest that a crash may not be imminent. The volatility index for the S&P 500, known as the VIX, is currently trading near its lowest levels since the start of 2020. This indicates that investors are not expecting a large move in the coming weeks.

Another chart to consider is the put-to-call ratio for the NASDAQ 100. A ratio above one suggests that investors are buying more put options, indicating negative sentiment and a possible hedge against a crash. The current ratio is 1.61, which does show some negative sentiment, but it has been higher before.

It's also important to note that there are areas of support in the market that could prevent a full-on crash. The S&P 500 has rallied 25% from its October lows and is trading at over 22 times earnings. While there may be pressure on corporate profits, investors may still be hesitant to completely abandon stocks.

Overall, while concerns about a stock market crash exist, the charts suggest that a crash may not be immediately imminent. It's important for investors to remain cautious and monitor market conditions closely.

Sources:

- Vincent Deluard warns of potential drop in stocks and home prices, slowdown in US economy - Business Insider

- Is a Stock Market Crash Looming? What the Charts Say - The Motley Fool