ETFs to Watch August 29, 2012 (EPU, NUGT, VXX)

Here is the ETF Professor's ETF Watch List for Wednesday August 29, 2012.

Index play of the day: ProShares UltraShort S&P500 (NYSE:SDS).

Keep an eye on the iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX).

What is the next move for the Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT).

Emerging markets plays of the day: iShares MSCI Thailand Investable Market Index Fund (NYSE:THD), Market Vectors Poland ETF (NYSE:PLND) and the iShares MSCI All Peru Capped Index Fund (NYSE:EPU).

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

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