EGX30 Downward Trend Line Analysis

EGX30 stock is falling, reflecting the sellers' dominance over the buyers. In case of taking an upward trend it is expected to breach the resistance line at 31,720.681, then the 2nd resistance line at 31,769.956 then 3rd resistance line at 31,819.231 points, but in case of falling it's expected to break the 1st support line 31,704.167 then the 2nd support line 31,661.682, then the 3rd support line 31.631.986