ETFs to Watch December 5, 2011

Here is the ETF Professor's ETF Watch List for Monday December 5, 2011. The market could be due for a breather, so keep an eye on the ProShares UltraShort S&P500 SDS. The Market Vectors Gold ETF GDX was punished on Friday. The Guggenheim Shipping ETF SEA might be due for a pullback. The iShares Silver Trust SLV is nearing some key technical levels. Emerging markets plays of the day: ProShares UltraShort Emerging Markets EEV, iShares MSCI South Korea Index Fund EWY and the Market Vectors Indonesia ETF IDX. Forex play of the day: PowerShares DB Dollar Bullish UUP. Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares TMV.