The most important chart...

What are the conditions we need for a crash?

In my opinion we need to see these conditions coming together before we can say that we are in a crisis environment.

History showed us that before we had a crisis we 1. first saw the yield curve (US 10 year bond yield - 2 year bond yield) inverting.
2. then we saw the unemployment rate rising.

3. the yield curve steepend again.

Then the SPY had a significant correction or a crash.

So currently one of three conditions are active. The inverted yield curve.
Unemployment rate is slowly rising.

The market is still very strong. Don't step infront of a high speed train.