ETFs to Watch December 20, 2012 (CMF, LBJ, SLX)

Here is the ETF Professor's ETF Watch List for Thursday December 20, 2012.

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

The iShares MSCI Germany Index Fund (NYSE:EWG) is worth a look.

Can the Market Vectors Steel ETF (NYSE:SLX) keep its rally going?

Emerging markets plays of the day: WisdomTree India Earnings ETF (NYSE:EPI), First Trust South Korea AlphaDEX Fund (NYSE:FKO) and the Direxion Daily Latin America Bull 3X Shares (NYSE:LBJ).

Bond play of the day: iShares S&P CA AMT-Free Municipal Bond ETF (NYSE:CMF).

Forex play of the day: CurrencyShares Australian Dollar Trust (NYSE:FXA).