$VMBI is confirming bearish mode for the general market. Oversold bounce is likely next week, unless $SPX closes below 1770 in which case more downside is in the cards.
Gold & Gold miners have come under selling pressure, but are holding up relatively well. A close above 1280 for $GOLD would negate this short-term downtrend.
REITS (IYR) unsurprisingly continue their stellar run - they are highly correlated to TLT.
Oil (USO) is running into resistance and may turn down. Need to see a reversal in volume and stochastics before going short.
Natural gas (UNG) has seen some very high volatility. It is most likely going to continue higher.
Emerging markets (EEM) collapsed, but may be putting in a reversal. Need to see a reversal in volume and stochastics before going long.
See the charts mentioned in this article here: http://stockcharts.com/public/1229503