ETFs to Watch November 28, 2012 (CEW, DEM, KXI)

Here is the ETF Professor's ETF Watch List for Wednesday November 28, 2012:

Again, the Market Vectors Gold Miners ETF (NYSE:GDX) looks poised for downside.

Defensive play of the day: iShares S&P Global Consumer Staples Index Fund (NYSE:KXI).

The U.S. Natural Gas Fund (NYSE:UNG) might be primed for some upside after a two-day pullback.

Emerging markets plays of the day: Global X FTSE Argentina 20 ETF (NYSE:ARGT), iShares MSCI South Korea Index Fund (NYSE:EWY) and the WisdomTree Emerging Markets Equity Income Fund (NYSE:DEM).

Forex play of the day: WisdomTree Dreyfus Emerging Currency ETF (NYSE:CEW).

Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE:TBT).