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

. The Market Vectors Gold ETF

was punished on Friday. The Guggenheim Shipping ETF

might be due for a pullback. The iShares Silver Trust

is nearing some key technical levels. Emerging markets plays of the day: ProShares UltraShort Emerging Markets

, iShares MSCI South Korea Index Fund

and the Market Vectors Indonesia ETF

. Forex play of the day: PowerShares DB Dollar Bullish

. Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares

.