As ECB is moving in the direction market were expecting, it looks like we are seeing flow back in Industrials out of Consumer as all these measures will boost investment...and no consumption int he short term....
SXNP is on its way to check Resistance on the 425.5 levels (less than 1% from here)...we should a break up with target 6 to 7% higher (454.5) with another resistance first at 434
Have a look
Laurent
