To read our weekly Bespoke Report newsletter and access everything else Bespoke’s research platform offers, start a two-week trial to Bespoke Premium. It was another eventful week in the market as we witnessed an extraordinary divergence between the S&P 500’s extreme oversold reading despite its relatively close proximity to all-time highs. This divergence won’t continue. Either prices fall further to justify the technical damage, or the oversold conditions resolve as the market stabilizes. Which way it breaks is the question. In this week’s Bespoke Report, we discuss the main factor(s) facing the market and put some of the recent moves into perspective.