Here's some markup and code to consider.
The Selected item of the listbox is also made the current item of the collectionview. You can bind that, get it in code in the viewmodel and also navigate to next and previous.
https://msdn.microsoft.com/en-us/library/system.windows.data.collectionview.currentitem%28v=vs.110%29.aspx?f=255&MSPPError=-2147217396
I bind the rectangle to the current brush so when you select a different entry that changes. The listbox already has a lightblue background appears as you mouseover an item which highlights it somewhat. My trigger also increases the size of the ellipse a bit.
<Window.DataContext>
<local:MainWIndowViewModel/>
</Window.DataContext>
<Grid>
<Grid.ColumnDefinitions>
<ColumnDefinition Width="100"/>
<ColumnDefinition Width="*"/>
</Grid.ColumnDefinitions>
<ListBox ItemsSource="{Binding BrushesView}"
IsSynchronizedWithCurrentItem="True"
>
<ListBox.ItemTemplate>
<DataTemplate>
<Ellipse Fill="{Binding}" Height="20" Width="20">
<Ellipse.Style>
<Style TargetType="Ellipse">
<Setter Property="Stroke" Value="Gray"/>
<Setter Property="StrokeThickness" Value="1"/>
<Style.Triggers>
<DataTrigger Binding="{Binding Path=IsSelected, RelativeSource={
RelativeSource Mode=FindAncestor, AncestorType=ListBoxItem}}"
Value="True">
<Setter Property="Ellipse.Stroke" Value="Black"/>
<Setter Property="Ellipse.StrokeThickness" Value="2"/>
</DataTrigger>
<Trigger Property="IsMouseOver" Value="True">
<Setter Property="RenderTransform">
<Setter.Value>
<ScaleTransform ScaleX="1.2" ScaleY="1.2" />
</Setter.Value>
</Setter>
</Trigger>
</Style.Triggers>
</Style>
</Ellipse.Style>
</Ellipse>
</DataTemplate>
</ListBox.ItemTemplate>
</ListBox>
<Rectangle
Grid.Column="1"
Width="40"
Height="40"
Fill="{Binding BrushesView/}"/>
</Grid>
The viewmodel:
public class MainWIndowViewModel
{
public CollectionView BrushesView { get; set; }
private ObservableCollection<SolidColorBrush> BrushesList { get; set; } =
new ObservableCollection<SolidColorBrush>
{
Brushes.Yellow, Brushes.Pink, Brushes.Blue, Brushes.Green, Brushes.Red, Brushes.Purple
};
public MainWIndowViewModel()
{
BrushesView = (CollectionView)new CollectionViewSource { Source = BrushesList }.View;
}
}