ETFs To Watch June 22, 2010 (EWY, UUP, TAO, CHIX)

Here is the ETF Professor's ETF Watch List for Tuesday June 22, 2010. Keep an eye on the iShares MSCI South Korea Index (NYSE:

) as South Korea has been maintained as an emerging market by MSCI. The Direxion Daily China Bull 3X Shares (NYSE: CZM) was up almost 8% on Monday. The Global X China Financials ETF (NYSE:

) is another China play to watch. The Market Vectors Steel ETF (NYSE:

) is another Yuan derivative play worth watching. With gold prices taking a breather, the Market Vectors Junior Gold Miners ETF (NYSE:

) was down more than 5% on Monday. The UltraShort Gold ProShares (NYSE:

) should also be worth a look. The PowerShares DB US Dollar Index Bullish ETF (NYSE:

) is Tuesday's currency play. The Claymore/AlphaShares China Real Estate ETF (NYSE:

) was up more than 3% on Monday. Keep an eye on tech with the Direxion Daily Technology Bear 3X Shares (NYSE:

).