Back then: VNQ falls below 20 SMA in Jul 2007 Double attempt to rebound (red arrows) but failed after struggling 15 months, a sell off begin in Oct 2008
Now: VNQ falls below 20 SMA in Jun 2022 Double attempt to rebound (red arrows) but failed RSI remained in low levels below 50 (more bearish than bullish)
Might not seen the worst yet, unless RSI reverse back above 50