Patient ..... or patient?

Now that the cash S&P500 has made a new closing low for this move we have to ask if it (the patient) is in critical condition. Perhaps not, as the Relative Strength Indicator (Welles Wilder is a genius!) has not yet confirmed.

But is this bullish divergence? Not yet. The RSI must actually turn up without making a new low. The trader/investor must be patient.