ETFs To Watch July 5, 2011 (CEW, DAG, SLV, LHB)

Here is the ETF Professor's ETF Watch List for Tuesday July 5, 2011. Prepare for a market pullback with the ProShares UltraShort S&P500

. Silver may be nearing an inflection point so watch the ProShares UltraShort Silver

and the iShares Silver Trust

. The PowerShares DB Agriculture Double Long ETN

is starting to look appealing. Emerging markets plays of the days: Market Vectors Indonesia ETF

, Market Vectors Vietnam ETF

and the Direxion Daily Latin America Bear 3X Shares

. Forex play of the day: WisdomTree Dreyfus Emerging Currency ETF

. Bond play of the day: Vanguard Total Bond ETF

.