ETFs to Watch July 5, 2013 (GLL, HYD, SDS)

Here is the ETF Professor's ETF Watch List for Friday, July 5, 2013. Keep an eye on the WisdomTree Europe Hedged Equity Fund HEDJ. Check in with the WisdomTree Japan Hedged Equity Fund DXJ. Index play of the day: ProShares UltraShort S&P500 SDS. The ProShares UltraShort Gold GLL could be ready to snap back. Emerging markets plays of the day: iShares MSCI Taiwan Index Fund EWT, WisdomTree India Earnings ETF PIE and the PowerShares DWA Emerging Markets Technical Leaders ETF PIE. Forex play of the day: CurrencyShares British Pound Trust FXB. Bond play of the day: Market Vectors High-Yield Muni ETF HYD.