ETFs to Watch December 31, 2012 (GDXJ, SPLV, UUP)

Here is the ETF Professor's ETF Watch List for Monday December 31, 2012.

The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) continues to look vulnerable.

The Direxion Daily Technology Bear 3X Shares (NYSE: TECS) is worth a look.

The time might be right for the PowerShares S&P 500 Low Volatility ETF (NYSE:SPLV).

Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE:FXP), ProShares UltraShort MSCI Brazil (NYSE:BZQ) and the iShares FTSE China (HK Listed) Index Fund (NYSE:FCHI).

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

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