ETFs to Watch December 31, 2012 (GDXJ, SPLV, UUP)

Here is the ETF Professor's ETF Watch List for Monday December 31, 2012. The Market Vectors Junior Gold Miners ETF (NYSE:

) continues to look vulnerable. The Direxion Daily Technology Bear 3X Shares (NYSE: TECS) is worth a look. The time might be right for the PowerShares S&P 500 Low Volatility ETF (NYSE:

). Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE:

), ProShares UltraShort MSCI Brazil (NYSE:

) and the iShares FTSE China (HK Listed) Index Fund (NYSE:

). Forex play of the day: PowerShares DB Dollar Bullish (NYSE:

) Bond play of the day: Market Vectors High-Yield Muni ETF (NYSE:

).