@gingerheadtrader, For me it doesn't matter what date you use. If you use the Aug date then you would still be in basically the same predicament your in now. I would wait to see what todays candle closes as before I would conform a breakout. If you get a gap up doji or a high wave this could be a head fake above the trend line trapping longs. I always wait for conformation. I would like a small inside day candle and trade sideways for a few day personally.