Here is the ETF Professor's ETF Watch List for Tuesday August 21, 2012.

Will the iPath S&P 500 VIX Short-Term Futures ETN (VXX) continue its death spiral?

The Guggenheim Solar ETF (TAN) looked decent on Monday.

The iShares Silver Trust (SLV) continues to creep higher.

Emerging markets plays of the day: Market Vectors Russia ETF (RSX), iShares MSCI Turkey Investable Market Index Fund (TUR) and the ProShares UltraShort FTSE China 25 (FXP).

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

Bond play of the day: PIMCO Total Return ETF (BOND).

(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.