It's tough to look at the kind of hockey Malkin is playing lately (and much of the season) and not think he doesn't have a chance. But as was pointed out... he's more or less going to have to do it largely on his own. His line has been productive but I think it's been in spite of a few things. That can change quickly. I wouldn't be surprised if, despite continued good effort, his production slips for another five game skid or thereabouts.
People are coming down on Crosby a lot this season. And with some reason. But counting him out of the scoring race when it's still relatively tight like this is a mistake. If he turns on the jets... it's his to lose, as usual.
I think Ovechkin takes it, in the end. He's just been too good too consistently, this season. And his linemates really help support him and keep him playing consistently productive hockey.