ETFs to Watch April 4, 2013 (ELD, IAU, SLX)

Here is the ETF Professor's ETF Watch List for Thursday, April 4, 2013.

Keep an eye on the ProShares UltraShort Oil & Gas (NYSE:DUG).

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The iShares Gold Trust (NYSE:IAU) could be in trouble.

The Market Vectors Steel ETF (NYSE:SLX) is in trouble.

The iShares Dow Jones US Home Construction Index Fund (NYSE:ITB) is also worth a look.

Emerging markets plays of the day: Vanguard FTSE Emerging Markets ETF (NYSE:VWO), WisdomTree India Earnings ETF (NYSE:EPI) and the Market Vectors Egypt ETF (NYSE:EGPT).

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

Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE:ELD).

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