NIB (Cocoa ETN) offers an objective short entry here following this over-extended run into the long-term target/resistance zone with powerful negative divergences to be confirmed via a bearish crossover on any downside from here.
NIB daily April 30th
Price targets are T1 at 32.35 & T2 at 30.08 with a maximum suggested stop on any move over 35.38. The suggested beta-adjusted position size is 1.0.