The templates become more difficult to use on the open and you MUST monitor the 1 and 5 minutes charts.
Because options may have expired at the previous close, the VIX9D may open away from the close and have a gap up or gap down.
In this example, we had a bearish gap up, and the 5 minute bar continued to rise. Had it been falling, your decisions are more difficult and likely long trades may have been favored and working.
Chris it’s looking hot mate and will give you another call soon for a catch up!